Lebanon's summer at risk: conflict hampers economic recovery
Lebanon is experiencing a major economic decline in the summer of 2026 due to renewed war and regional unrest, threatening the economic recovery achieved in 2025, which had growth of approximately 3.5%. The tourism, agriculture, and trade sectors have been severely impacted, with a significant decline in remittances and reduced economic activity, leading to decreased hotel operations, festivals, and foreign currency reserves. This situation jeopardizes currency stability and central bank reserves, increasing pressure on public finances, deepening the crisis, and turning the summer season into a period of severe economic hardship.
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