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World Bank Predicts 6.4pc Economic Decline for Lebanon
World Bank Predicts 6.4pc Economic Decline for Lebanon
The World Bank has projected a 6.4 percent economic decline for Lebanon, highlighting continued pressure on the country’s fragile economy.
The forecast points to a significant contraction, reflecting ongoing economic challenges facing Lebanon.
The expected decline could place further pressure on businesses, households, and public finances, while limiting prospects for near-term recovery.
The projection underscores the need for stronger economic measures and stability to support Lebanon’s recovery and restore confidence.
The latest forecast adds to concerns over Lebanon’s economic outlook as policymakers face growing challenges in rebuilding sustainable growth.
