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 | Jan 22, 2024 | LCAT Thematic Reports
Key Findings: Credit and loans from within Lebanon are the most commonly shared tangible resource. Cash gifts including remittances sent from abroad accounted for a much smaller percentage of tangible ISP. Roughly half of respondents in both Barouk and Bourj Hammoud...
by Mercy Corps Lebanon | Nov 17, 2023 | LCAT Thematic Reports
Key Findings: Financial and banking laws have historically enabled Lebanese commercial banks to offer accounts and services denominated in foreign currencies, initiating early financial dollarization. Pegging the LBP to the USD from 1997 to 2019 contributed to real...
by Mercy Corps Lebanon | Oct 5, 2023 | LCAT Reports, LCAT Thematic Reports
Key Findings: LCAT produced the economic vulnerability score (EVS) indicator to identify pockets of vulnerability at the local level using data on changes in NLR concentration and fuel prices, which accounts for a relative lack of available data across most of...
by Mercy Corps Lebanon | Sep 4, 2023 | LCAT Reports, LCAT Thematic Reports
Key Findings: NLR declined from late 2019 to early 2021 and accelerated after fuel subsidies were lifted in May 2021 because most of Lebanon heavily relies on diesel-powered electricity generators. NLR has declined in all qadas since late 2019, but qadas that receive...
by Mercy Corps Lebanon | Jul 20, 2023 | LCAT Reports, LCAT Thematic Reports
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...