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The World Bank has announced a forecast indicating that Lebanon's economy is expected to shrink by 6.4 percent, attributing this decline to the ongoing conflict with Israel. The situation has also led to increased inflation and consumer prices in the country.
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The World Bank has announced a forecast indicating that Lebanon's economy is expected to shrink by 6.4 percent, attributing this decline to the ongoing conflict with Israel. The situation has also led to increased inflation and consumer prices in the country.
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World Bank projects war-hit Lebanon’s economy to contract by 6.4 percent
World Bank forecasts 6.4 percent contraction for Lebanon's economy