by Mercy Corps Lebanon | Dec 14, 2022 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The Lebanese pound (LBP) parallel market exchange rate depreciated to a record low of LBP 41,500 per 1 US dollar (USD) by the end of November. LBP depreciation in November was in large part due to a significant increase in money supply in September and...
by Mercy Corps Lebanon | Nov 24, 2022 | LCAT Reports, LCAT Thematic Reports
Remittances and other diaspora inflows have long played an important role in Lebanon’s economy, bringing in an average of 7.15 billion US Dollars (USD) each year, over the past 10 years. The collapse of Lebanon’s economy, driven by the economic and fiscal crisis of...
by Mercy Corps Lebanon | Nov 11, 2022 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: President Michel Aoun’s six-year term ended on October 31, after the parliament failed to elect his successor, despite holding four electoral sessions in October. Established parties have not signaled that they will soon agree on a so-called “consensus...
by Mercy Corps Lebanon | Nov 4, 2022 | LCAT Reports, LCAT Thematic Reports
As humanitarian actors continue to seek ways to better target assistance in the context of rising needs in Lebanon, there is an ongoing need for nuanced and innovative data analysis across the variety of datasets produced by humanitarian and other actors in Lebanon....
by Mercy Corps Lebanon | Oct 7, 2022 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The first parliamentary session to vote for a new president ended without success, raising concerns over ongoing political deadlock and the impact it could have on a potential economic recovery. The parliament passed the long-awaited 2022 budget,...
