by Mercy Corps Lebanon | May 23, 2024 | LCAT Thematic Reports
Key Takeaways: The 2024 budget’s revenues and expenditures are significantly smaller in real terms3 compared to pre-crisis budgets due to the country’s contracted economy. Long-term investment allocations are insufficient to support sustained economic recovery. Low...
by Mercy Corps Lebanon | May 10, 2024 | LCAT Monthly Reports
Key Takeaways: For the third time, Lebanon’s parliament has voted to postpone municipal elections, extending the mandates of mukhtars and municipal councils until May 2025. The ongoing cross-border conflict between Hezbollah and the Israeli military was cited as the...
by Mercy Corps Lebanon | Apr 26, 2024 | Our stories
Key Findings: Unlike the Syrian refugee crisis, Lebanese communities receiving or in need of assistance have not been displaced. Instead, they have been forced to contend with the effects of Lebanon’s economic and financial crisis, cutting across traditional...
by Mercy Corps Lebanon | Apr 8, 2024 | LCAT Monthly Reports
Key Takeaways: Total Israeli shelling incidents in southern Lebanon decreased in March; however, individual strikes were more lethal and destructive, causing significant damage to infrastructure and private homes. Israel also continued targeting the Bekaa Valley with...
by Mercy Corps Lebanon | Mar 8, 2024 | LCAT Monthly Reports
Key Takeaways: The National Social Security Fund announced that it raised the exchange rate – effective February 1 – at which it calculates payments and transfers to 89,000 Lebanese pounds (LBP) per 1 US dollar (USD). The new exchange rate will apply to...
