Food security in Lebanon following Russia’s withdrawal from the Black Sea Grain Initiative (BSGI)
While it remains unclear what impact Russia’s withdrawal from the Black Sea Grain Initiative (BSGI) will have on Lebanon’s food security, even modestly dramatic scenarios demand serious attention from aid actors and policymakers alike. Combined with another...
Lebanese Remittances: A Household Analysis
Key Findings: Higher-income households receive remittances on a more regular basis. A mere 7% of respondents reporting a monthly income of less than LBP 5 million receive regular remittances, compared to almost 60% of those earning between LBP 20 million and LBP 25...
June Crisis Update
Key Takeaways: The Lebanese pound (LBP) parallel market exchange rate has been largely stable for three consecutive months and averaged LBP 93,500 per 1 US dollar (USD) in June. Daily average Sayrafa transactions increased in June compared to May, a key driver of LBP...
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...
