Inflation squeezes households as Lebanon's economic crisis persists
- Lebanon's economic crisis has dragged on since 2019.
- A re-igniting of Israel's war with Hezbollah derailed the weak recovery seen last year.
- The World Bank now forecasts that the Lebanese economy will shrink by 6.4 percent this year, with inflation expected to reach around 17.5 percent.
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- Lebanon's economic crisis has dragged on since 2019.
- A re-igniting of Israel's war with Hezbollah derailed the weak recovery seen last year.
- The World Bank now forecasts that the Lebanese economy will shrink by 6.4 percent this year, with inflation expected to reach around 17.5 percent.
Sources: France 24