Lebanon’s gross domestic product is expected to contract in 2026, given the “very challenging” economic, social and humanitarian situation caused by the resumption of the war, Reuters reports citing the International Monetary Fund (IMF).
IMF spokeswoman Julie Kozack tells a regular news briefing that the global lender is engaged closely with Lebanese authorities to look at economic crisis management measures to mitigate the impact of the war, but has not given details.
The IMF also continues to work with authorities on more comprehensive reforms that could be supported ultimately by an IMF programme, she says.
