World Bank warns Lebanon economy will contract 6.4% in 2026 after conflict escalation
Lebanon's economy is projected to shrink by 6.4% in 2026 after the March 2026 escalation in conflict with Israel disrupted a fragile recovery, according to the World Bank. The assessment says the renewed fighting damaged housing and infrastructure, displaced communities and hit tourism and domestic demand. It also says supply chains were interrupted, adding to pressure on businesses and households.The bank said Lebanon had entered 2026 on stronger footing after expanding by 4.2% in 2025, its fastest real gross domestic product growth since the 2019 financial collapse. That rebound was then sharply reversed by the conflict escalation in March, which... [Continue Reading]
360LiveNews | 22 Aug 2026 09:00 LONDON
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