Macro - Country Economic Forecasts - Lebanon
Description
We have cut our 2026 GDP forecast for Lebanon by 9.6ppts to a 5.5% contraction, following an estimated 1.1% expansion last year. The truce agreed between Hezbollah and Israel in late 2024 unravelled a few days after the initial US/Israeli strikes on Iran. The renewed bilateral conflict, Israel's de-facto occupation of Lebanon's south, and widespread displacement of the population thwart near-term recovery prospects.
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