For years, the country has failed to enact financial and governance overhauls required by lenders. The recent fighting has ...

The resulting destruction was huge, estimated by the World Bank at approximately $3.4bn, while economic losses, including ...

Testament to the continued atrophy of Lebanon’s economy, the Lebanese Pound continues to depreciate sharply and to drive surging inflation, in triple digits since July 2020, impacting the poor and ...

"Lebanon's economy remains severely depressed, and poverty and unemployment are exceptionally ... including restructuring the ...

Negotiations faltered in 2022 after the Lebanese government refused to accept proposals by the International Monetary Fund ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

[AFP] Fighting in Lebanon could further destabilize the country's economy, already devastated ... the situation seemed to have stabilized in 2022 and 2023, and the UN agency had predicted 3.6 ...

as well as a battered economy and financial sector, among other challenges, Khodr added. Lebanon has been in economic crisis since 2019, when its financial system collapsed under the weight of ...