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publicationMay 16, 2023

Lebanon Economic Monitor, Spring 2023: The Normalization of Crisis is No Road for Stabilization

Lebanon Economic Monitor MENA May 2023

Download the report in: English | العربية

The Spring 2023 issue of the Lebanon Economic Monitor (LEM) titled "The Normalization of Crisis is No Road for Stabilization" provides an update of recent economic developments and assesses the economic outlook and risks within a continuous context of uncertainty and a political stalemate. It examines the continuous decline in the Lebanese economy amidst a normalization of the state of the crisis, markedly distant from a stabilization path, let alone a recovery path.

The LEM Spring 2023 Special Focus section titled “Gauging the size of the Cash Economy in Lebanon” examines the growing dollarized cash-based economy and its impact on the effectiveness of fiscal and monetary policy and on the recovery prospects.