The Economic Prospect of Lebanon by Dr Louis Hobeika

Posted by Adib Mounla

on Apr 21, 2015

Dr Louis Hobeika described the impact of the Lebanese Civil war and the current regional situation on the Lebanese economy. The Syrian crisis added more problems to the Lebanese economy, in addition to the political impasse and the public debt, with a GDP that is the lowest in the region (1.4%). The country is also facing a problem with the trade deficit. The economic prospect depends on political solutions mainly the end of war with syria to increase exports as well as the problems in the region.