IMF Predicts Lebanon's 2026 Economic Shrinkage
The International Monetary Fund (IMF) expects a sharp contraction in Lebanon's economic activity during 2026, due to ongoing regional conflicts and security tensions that damage infrastructure and living conditions. The Fund pointed to rising inflation and an increasing current account deficit, especially driven by high energy costs, along with deteriorating living standards. The delegation discussed with the Lebanese president reform measures including rebuilding and consolidating the banking sector, as well as expectations for Lebanon's economic recovery through financial and economic reforms, and strengthening the capacities of international financial institutions to support development and reconstruction efforts.
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