LEBANON: news on Economy in real time

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The intensification of the war in Lebanon from September 2024 has constituted an additional shock on the Lebanese economy. The World Bank estimates the impact of the conflict on real growth at -6.6% at a minimum in 2024. Its growth forecast for 2024 now stands at -5.7%, given that Lebanon has already experienced a contraction in its real GDP of -34% in 5 years, erasing the equivalent of 15 years of growth gains.

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UNICEF is delivering 67 metric tons of medical supplies to an estimated 2 million people affected by the brutal escalation of conflict in Lebanon, particularly women and children.

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All the partners in the SOLID project met at the European Economic and Social Council in Brussels on 12 July to take stock of this project funded by the European Commission. 100 recommendations were put forward for successfully developing social dialogue between employers‘ and employees’ unions, and with civil society in all the countries of the Mediterranean. Exclusive report.