Lebanese Economy Minister Warns of Recession
The Lebanese government is warned of the worsening economic crisis, as a contraction of up to 10% is projected in 2026 due to declining foreign aid and escalating security repercussions. This will adversely affect purchasing power and threaten economic stability. Emphasis was placed on the importance of implementing fundamental reforms in the financial sector and cooperating with the International Monetary Fund to revitalize the economy, with a focus on investing in solar energy projects and improving economic relations with Syria. Additionally, it was stressed that weapons must be confined to the hands of the state to strengthen sovereignty, along with addressing the issue of explosives and achieving security stability.
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