Hard currency is devastatingly difficult to access for Lebanese people who face soaring inflation and rising poverty. EPA
Hard currency is devastatingly difficult to access for Lebanese people who face soaring inflation and rising poverty. EPA

Economy

Output decline slows in Lebanon's private sector

Despite the softest fall since October 2019 business expectations remain 'very depressed' as result of political instability, liquidity constraints and weaker purchasing power​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

Deena Kamel
Deena Kamel

April 07, 2021