LEBANON: Universal Syriac Union Party and Syriac Cross begin distribution of monthly financial support to families in Trablos

TRABLOS, Lebanon — On Monday, members of the Universal Syriac Union Party (USUP) and the Syriac community in Lebanon distributed financial support to needy families in Trablos (Tripoli). Twenty-seven families each received $37 USD.

Over the last year, the Lebanese economy has all but collapsed. While the official exchange rate between the U.S. Dollar and Lebanese Pound remains at roughly 1:1,500, it is impossible to find a money exchange offering that rate. Over the weekend, the unofficial exchange rate fell to as much as 1:12,000.

The monthly financial support is part of USUP’s “Twin Family” program.

The program, founded in 2008 by USUP and Syriac Cross for Relief and Development, allows families with greater means to donate money to poorer families. Dutch partner of Syriac Cross Stichting Schlomo has also contributed to the establishment of the program.