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 | 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 27, 2023 | LCAT Flash Reports, LCAT Reports
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...
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...
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...
by Mercy Corps Lebanon | Jul 3, 2023 | LCAT Reports, LCAT Thematic Reports
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....
