9 Hrs
Source:
الاقتصادية
World Bank forecasts 6.4% Lebanon decline in 2026
The World Bank expects Lebanon's economy to decline by 6.4% in 2026 as a result of the recent war between Israel and Hezbollah, which has hindered efforts for economic recovery and worsened the ongoing financial crisis since 2019. Lebanon experienced a relative recovery at the start of 2025, with real GDP growing by 4.2%, but is now suffering from a collapse in tourism activity, declining consumption, supply chain disruptions, increased security concerns, and inflation rising to 17.5% this year. The World Bank recommends implementing fundamental financial and economic reforms, especially in the banking sector, to restore trust and achieve economic stability.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)