12 Hrs
Source:
الكتائب اللبنانية
Lebanon's summer at risk due to war
The article discusses the Lebanese economic situation in light of the escalating regional war and its negative impact on the summer season of 2026. After 2025, which saw fragile growth of 3.5% supported by tourism and expatriate remittances, Lebanon is facing a sharp decline due to military escalation, with projections of a GDP contraction between 12% and 16%, accompanied by widespread collapses in the tourism, agriculture, and industrial sectors. The decline in tourism activity and foreign currency sources is putting significant pressure on monetary stability and public finances, with risks of the economic crisis worsening—considered among the worst in recent years.
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