Lebanon Economic Monitor: Positive Growth Projection Amid Challenges

The World Bank predicts a 4.7% growth in Lebanon’s GDP for 2025, driven by reforms and tourism recovery, despite ongoing political and financial challenges. The LEM also projects inflation moderating to 15.2% as it outlines a one-year action plan aimed at supporting government reforms.

Lebanon is at a critical economic juncture, as its real GDP is projected to grow by 4.7% in 2025, bolstered by anticipated reforms, a tourism recovery, and consumption growth, according to the latest Lebanon Economic Monitor (LEM) from the World Bank. This encouraging forecast, released on June 19, 2025, comes against the backdrop of a delicate political and security stabilization. However, the country’s ongoing financial crisis continues to curb major financial inflows and private investments.

In summary, the World Bank’s latest Lebanon Economic Monitor indicates a cautiously optimistic economic growth forecast for 2025, driven by reforms and recovery in tourism and consumption. Yet, the need for significant structural reforms persists, and Lebanon’s economic future remains tied to addressing its multifaceted crises. The proposed one-year action plan from the World Bank could be a pivotal step in achieving long-term sustainability and recovery.

Original Source: reliefweb.int