Evaluating the market in Lebanon

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.



Business environment in Lebanon

Lebanon’s economy is in a dire state. Years of poor economic management have left the country with a weak infrastructure and massive debt. Large-scale, popular civil protests got underway in October 2019, due to embedded mass political corruption and sectarian rule. The ruling class is considered “privileged elites” and as a result, no politician or party has any support among the masses and consequently, hasn’t been able to form a cabinet. Since the protests began, the currency has depreciated sharply against the U.S. dollar in unofficial exchanges while commercial banks are restricting the conversion of Lebanese pounds into foreign currency.


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Date modified: 2018-05-14