New Benchmark Report by Executive Magazine in partnership with USAID
Executive Magazine, in partnership with the United States Agency for International Development (USAID) under the Lebanon Enterprise Development (LED) project, analyzed 5 productive Lebanese industries with the help of over 50 leading financial, business and policymaking stakeholders for revitalizing the job market and developing economic growth presented in a special report titled: “Economic Framework for the Creation of Sustainable Private Sector Employment in Lebanon.”
As a build-up to the report, Executive Magazine conducted a series of targeted meetings and extensive research, and held five roundtables focused on 5 productive Lebanese industries: Manufacturing; Food Processing and Agro-Industrial Production; Media, Publishing and Content Creation; Food & Beverage and Hospitality; Technology and Knowledge Enterprises.
The roundtable discussions triggered constructive thinking from the private sector and advocacy groups for sustainable job creation and productivity. They served as a vital catalyst paving the road to identifying alternative solutions for progress to be made throughout the Lebanese industrial and business communities. The final insights of this project are presented in the Economic Framework report and are anchored in principles of economic democracy and a culture of industry which call for adopting environmental, social and governance best practices, as well as standards of accountability to build trust and improve productivity in order to improve access to financing and to export markets for Lebanese goods and services, leading to sustainable employment and economic recovery.
The project aims at the betterment of Lebanese productive industries and the revitalization of the local job market in a time of duress and radical macroeconomic uncertainty. Assisting the private sector in devising, planning and implementing actions that would increase key Lebanese sectors’ and enterprises competitiveness internationally to boost exports, reduce imports and create good sustainable jobs became fundamental. “Our commitment to the vocation of journalism compels us more than ever to deliver on our promise of reliable, in-depth, independent content that goes beyond informing accurately on pertinent developments and serves as advocacy that should impact socio-economic progress” said Mr. Yasser Akkaoui, Executive Magazine Editor-in-Chief.
Read the full “Economic Framework for the Creation of Sustainable Employment in Lebanon” on Executive Magazine’s website:https://bit.ly/2TV38TF
For more information:
About Executive
Since its first edition emerged on the newsstands in 1999, EXECUTIVE has been dedicated to providing its readers with the most up-to-date local and regional business news. EXECUTIVE is a monthly business magazine that offers readers in-depth analyses on the Lebanese world of commerce, covering all the major sectors – from banking, finance, and insurance to technology, tourism, hospitality, media, and retail. Our reporting seeks to be objective, accurate and focused on bringing the reader the real story, while never allowing commercial interests to control the editorial content.
About LED
The Lebanon Enterprise Development (LED) is a project funded by the United States Agency for International Development (USAID) that aims to sustain and increase jobs for Lebanese citizens. LED offers customized technical assistance to local businesses to help them identify and solve the problems that are preventing them from increasing sales, and therefore from needing to hire more Lebanese. LED also works with stakeholders and partners to identify, analyze, and propose solutions to problems that are affecting the business enabling environment. Lebanese registered businesses in most sectors are eligible for LED assistance.