Lebanon’s Import Bill: Jewelry Before Baby Formula
Key Findings: Lebanon's import bill totalled 19.5 billion US dollars (USD) in 2022, returning to pre-crisis levels. Although the overall quantity of imports decreased, rising world commodity prices and logistics costs led to an increase in import value. Lebanon's...
Barriers to Accessing Aid among Lebanese
Introduction: This study, a collaboration between the Mercy Corps Lebanon Crisis Analytics Team (LCAT) and the Danish Refugee Council (DRC), examines the barriers facing vulnerable Lebanese when trying to access assistance, in an effort to develop recommendations for...
May Crisis Update
Key Takeaways: The Lebanese Pound (LBP) parallel market exchange rate stabilized around LBP 94,500 per 1 US dollar (USD) in May, aided by Central Bank interventions. Commercial banks operated without significant interruption, enabling regular transactions on the...
April Crisis Update
Key Takeaways: The Lebanese national government implemented a range of new policies regarding Syrian refugees in Lebanon, in addition to raiding Syrian national’s residences, a portion of whom were deported. An increase in raids and deportations earlier in the month...
March Crisis Update
Key Takeaways: The Central Bank adjusted the Sayrafa exchange rate twice in March, both times in response to rapid Lebanese pound (LBP) depreciation. On March 1, the Central Bank “increased” the Sayrafa exchange rate from LBP 45,400 to LBP 70,000. The Central Bank...
How can small businesses
cope in the face of multiple
crises in Lebanon?
Lebanon’s recent past has been turbulent. Since 2019, after years of mismanagement, Lebanon has experienced a steady and significant economic deterioration alongside political turmoil, including the collapse of the country’s financial system as well as the devaluation...
February Crisis Update
Key Takeaways: The Central Bank established a new official USD exchange rate of LBP 15,000 and raised the Sayrafa rate to LBP 42,000 on February 1. The US dollar (USD)-Lebanese pound (LBP) parallel market exchange rate reached LBP 88,000 in late February before...
Agriculture Input Producers Support
The call for agricultural input producers is open! Are you locally producing fertilizers, pesticides, seeds, irrigation tools, or other agricultural inputs that play a crucial role in the vegetables, wheat, and cereals production? Do these inputs have a potential to...
BASATINE – Bolstering Agriculture Systems
Mercy Corps launches BASATINE, a four-year programme aiming to sustain the capacity of Lebanese agriculture to produce food for the local market, create and maintain jobs, generate social cohesion between host communities and refugees, as well as promote gender...
Effects of the Ukraine conflict on Lebanon’s economic and humanitarian crisis – one year on
The Ukraine conflict had a significant ripple effect on economies around the world, driving a spike in commodity prices in the months following the invasion and exacerbating existing economic challenges in the wake of the Covid-19 pandemic. The impact of commodity...