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World Bank reports economy concerns
A report by the World Bank reveals that the Lebanese economy is facing a sharp contraction of 6.4% in 2026, after previously expecting a 4% growth prior to the resurgence of conflict in the south. The Israeli war on Lebanon has led to a deterioration in economic conditions, with declines in tourism, population displacement, reduced imports amid rising costs, and inflation soaring to around 18%. Additionally, the conflict has hindered the fragile economic recovery achieved in 2025 and threatens to prolong the crisis, with confidence eroding and fiscal deficits increasing. Experts emphasize the urgent need for decisive reforms to restore stability.
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