In recent years, the Syrian civil war has sparked increasing sectarian violence in Lebanon and among its regional neighbors. Former Prime Minister Saad Hariri, son of the late Hariri, resigned suddenly in November 2017 during a trip to Saudi Arabia. Both countries support opposing sides in the conflict and Lebanon itself is in the middle of a crisis. greater regional rivalry between Iran and Saudi Arabia. Lebanon hosts more than a million refugees, according to the United Nationsthe third highest figure in the world after Türkiye And Pakistan.
National political paralysis and fallout from the Syrian conflict have hurt the country’s market economy. Years of government budget deficits have given Lebanon one of the highest debt-to-gross domestic product ratios in the world. Refugees increased the labor supply but pushed more Lebanese into unemployment.
Despite the conflicts, Lebanon has one of the highest The UN’s human development ratings in the Arab world, not including the oil-rich countries of the Persian Gulf. The country has a high literacy rate and has historically served as a cultural and commercial center for the Middle East.
Lebanon is a member of major international organizations, such as the United Nations, the International Monetary Fund, the World Bank and the World Trade Organization, as well as regional organizations, including the Arab League.
In recent years, the Syrian civil war has sparked increasing sectarian violence in Lebanon and among its regional neighbors. Former Prime Minister Saad Hariri, son of the late Hariri, resigned suddenly in November 2017 during a trip to Saudi Arabia. Both countries support opposing sides in the conflict and Lebanon itself is in the middle of a crisis. greater regional rivalry between Iran and Saudi Arabia. Lebanon hosts more than a million refugees, according to the United Nationsthe third highest figure in the world after Türkiye And Pakistan.
National political paralysis and fallout from the Syrian conflict have hurt the country’s market economy. Years of government budget deficits have given Lebanon one of the highest debt-to-gross domestic product ratios in the world. Refugees increased the labor supply but pushed more Lebanese into unemployment.
Despite the conflicts, Lebanon has one of the highest The UN’s human development ratings in the Arab world, not including the oil-rich countries of the Persian Gulf. The country has a high literacy rate and has historically served as a cultural and commercial center for the Middle East.
Lebanon is a member of major international organizations, such as the United Nations, the International Monetary Fund, the World Bank and the World Trade Organization, as well as regional organizations, including the Arab League.
