COVID19: Impact on Lebanese Economy

M. Wehbi

Abstract: COVID-19 has taken the world by storm. It has managed to shut down the entire world: social distancing and lock downs are now common in all countries; all airspaces have been shut off for commercial travel as well as lock down of all businesses and trade. The economy of Lebanon has been suffering since the beginning of 2019 and now has been pushed to extents previously unseen. This report will analyze the COVID-19 rise in Lebanon as well as the prevalent economic crises, response to COVID-19, expected economic impacts to the largest sectors of Lebanon and the choices which the government faces.

Keywords: COVID-19, Coronavirus, Pandemic, Lebanon, Economic Crisis