by Mercy Corps Lebanon | Dec 8, 2023 | LCAT Monthly Reports
Key Takeaways: Fighting escalated between Hezbollah and the Israeli military along Lebanon’s southern border in November, with Israeli shelling reaching the Zahrani area, 30 kilometers into Lebanese territory. Eleven civilians were killed and 15 were injured by...
by Mercy Corps Lebanon | Nov 13, 2023 | LCAT Monthly Reports
Key Takeaways: Since October 8, Hezbollah and Israel have engaged in escalating tit-for-tat attacks along Lebanon’s southern border. Eleven civilians have been killed in the fighting and 31 others injured as of November 9. As of November 1, 25,708 individuals had been...
by Mercy Corps Lebanon | Oct 6, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: The caretaker cabinet submitted its final version of the 2023 draft budget to parliament and continued its review of the 2024 draft budget in September. The latest version of the 2024 draft budget includes a value-added tax increase from 11% to 12% and...
by Mercy Corps Lebanon | Sep 11, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: Fighting between rival factions in the Ain el Hilweh Palestinian refugee camp killed 13 people and heavily damaged multiple neighborhoods in late July and early August. After the clashes subsided, the United Nations Relief and Works Agency for Palestine...
by Mercy Corps Lebanon | Aug 8, 2023 | LCAT Monthly Reports, LCAT Reports
Key Takeaways: Central Bank Vice Governor Wassim Mansouri was named acting Central Bank governor after the cabinet failed to select a successor to former Central Bank Governor Riad Salameh. Prior to taking on his new position, Mansouri and three other vice governors...
by Mercy Corps Lebanon | Jul 8, 2023 | LCAT Monthly Reports, LCAT Reports
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...
