LBCI

LBCI Whatsapp Channel

0^sec

Lebanon's economic recovery prospects 'severely weakened' by upsurge in fighting: S&P Global

Lebanon Economy

03-10-2024 | 09:15

Share

Share

Lebanon's economic recovery prospects 'severely weakened' by upsurge in fighting: S&P Global

Lebanon's already-fragile prospects of an economic recovery have been "severely weakened" by the escalation in the Israel and Hezbollah conflict, credit rating agency S&P Global said Thursday.

Lebanon has been in a full-blown debt crisis and not been making payments on its international market government bonds since 2020.

"We consider the upsurge in fighting and attacks in Lebanon could persist into 2025 and expand into other parts of the country," S&P said, adding that it would also "further delay economic and financial reforms."

Reuters

Lebanon News

Lebanon Economy

Lebanon

Economic

Recovery

Prospects

S&P Global

Next

Lebanon updates fuel prices

Recommended For You

IMF deal hinges on reforms: Capital controls, bank restructuring at core of Lebanon's new reform bill

News Bulletin Reports

13:04

IMF deal hinges on reforms: Capital controls, bank restructuring at core of Lebanon's new reform bill

IMF conditions: EU works with Lebanon's Ministries of Finance and Economy on aid and reforms

News Bulletin Reports

2025-04-04

IMF conditions: EU works with Lebanon's Ministries of Finance and Economy on aid and reforms

Karim Souaid steps in under new leadership: Will the new BDL governor uphold his promises?

News Bulletin Reports

2025-04-04

Karim Souaid steps in under new leadership: Will the new BDL governor uphold his promises?

BDL marks leadership transition amid promises of stability and reform

Lebanon Economy

2025-04-04

BDL marks leadership transition amid promises of stability and reform

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israel targets alleged Hezbollah members in southern Lebanon airstrike

05:54

Israel targets alleged Hezbollah members in southern Lebanon airstrike

Former President Michel Suleiman praises President Joseph Aoun's inaugural speech in meeting

2025-01-28

Former President Michel Suleiman praises President Joseph Aoun's inaugural speech in meeting

Lebanon's President Aoun confirms Saudi Arabia as first destination for foreign visit

Middle East News

2025-01-11

Lebanon's President Aoun confirms Saudi Arabia as first destination for foreign visit

Rwanda says cutting diplomatic ties with Belgium

2025-03-17

Rwanda says cutting diplomatic ties with Belgium

Videos

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

Israeli official urges international support for Lebanese government and army

Middle East News

2025-03-19

Israeli official urges international support for Lebanese government and army

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

2025-02-23

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

2025-02-23

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

Saad Hariri holds series of diplomatic and religious meetings in Beirut

2025-02-13

Saad Hariri holds series of diplomatic and religious meetings in Beirut

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

2025-02-13

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

2025-02-10

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

Most read

24 hours

7 days

Month

Buffer zones and bombings: Israel's new strategy to pressure Lebanon

1

Buffer zones and bombings: Israel's new strategy to pressure Lebanon

IMF deal hinges on reforms: Capital controls, bank restructuring at core of Lebanon's new reform bill

2

IMF deal hinges on reforms: Capital controls, bank restructuring at core of Lebanon's new reform bill

Israel targets alleged Hezbollah members in southern Lebanon airstrike

3

Israel targets alleged Hezbollah members in southern Lebanon airstrike

Lebanese Air Force Cessna aircraft spotted over southern towns (Video)

4

Lebanese Air Force Cessna aircraft spotted over southern towns (Video)

Environment Minister highlights Beirut's alarming pollution levels in wake of emergency meeting on generators

5

Environment Minister highlights Beirut's alarming pollution levels in wake of emergency meeting on generators

Israeli drone strike targets land excavator between Zibqin and Chaaitiyeh; several wounded

6

Israeli drone strike targets land excavator between Zibqin and Chaaitiyeh; several wounded

Interior Minister issues circular to promote women's participation in municipal councils

7

Interior Minister issues circular to promote women's participation in municipal councils

Lebanese officials discuss reform progress with US Envoy Morgan Ortagus ahead of IMF meetings

8

Lebanese officials discuss reform progress with US Envoy Morgan Ortagus ahead of IMF meetings

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More