Lebanon overview

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In Lebanon we focus on:

  • Supporting private sector competitiveness by improving the environment for private sector development and increasing the scope of available financial instruments
  • Promoting sustainable energy supply, fostering energy sector reforms and enhancing energy efficiency
  • Enhancing the quality and efficiency of public service delivery and supporting private sector participation in public infrastructure

Business opportunities for the Bank in Lebanon will depend on political initiatives and reforms pursued by the country as well as on regional geopolitics.

Initially, the Bank’s focus will be on financial institutions and the corporate sector, particularly Small and Medium-Sized Enterprises.

The Bank will also engage in extensive policy dialogue with the authorities in cooperation with other international financial institutions to foster reforms in the infrastructure and energy sectors to encourage the private sector participation, pave the way to substantial future investments and to develop the business environment.

Lebanon became a shareholder of the EBRD on 14 July 2017 and a EBRD Country of Operations on 4 September 2017.

Lebanon's policy response to the coronavirus crisis

The EBRD is monitoring Lebanon's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

Current EBRD forecast for Lebanon’s Real GDP Growth in 2020 -10.0%

Current EBRD forecast for Lebanon’s Real GDP Growth in 2021 3.0%
Lebanon continues to experience the most serious crisis in decades, following a painful economic contraction of 25 per cent in 2020. Delays in government formation have derailed much-needed reforms, pushing back prospects for an IMF-supported programme. In this challenging context, the authorities struggled to halt exchange rate deterioration and to access external sources of financing needed to support the economy, maintain key subsidies and shore up reserves.
 
As a result, the government was unable to sustain access to basic commodities for a large segment of the population, and prolonged electricity and fuel shortages weighed heavily on activity while further feeding into the spiralling inflation. Prices continued to more than double each month in 2021, growing by as much as 137.8 per cent year-on-year in August 2021, while food and transport prices almost tripled in the twelve-month period to August 2021.
 

Lebanon in the EBRD's 2021-22 Transition Report

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