Lebanese economy gains as agriculture regains market

Saudi Arabia's decision to resume accepting Lebanese exports, especially in the agricultural and industrial sectors, has rekindled hope for strengthening the Lebanese economy by regaining a market that accounted for approximately 50% of Lebanon's agricultural exports prior to its closure in 2021. This step is expected to support farmers' resilience, stimulate export activities, and increase the flow of foreign currency, with forecasts suggesting that exports could rise from around $240 million to higher figures, positively reflecting on the overall economy.

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