LBCI Lebanon
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Source: LBCI Lebanon
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Mohammad Choucair, head of the Economic Organizations, discussed with the Lebanese Companies Gathering, chaired by Bassem al-Bawwab, the economic, financial and social challenges facing the private sector and ways to help businesses weather the crisis. Choucair said the economy had contracted by more than 6% in 2026, following growth of nearly 4% in 2025. He noted that a 12-point proposal had been prepared to strengthen companies’ ability to continue operating and protect jobs. It was presented to the president of the republic and is to be followed up with the prime minister. Al-Bawwab warned that if the crisis continued without practical decisions, it could trigger a wave of business closures and bankruptcies and lead to further job losses.
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