The Lebanese GDP would have fallen by 8.3% in 2021, indicates Bloomberg on the basis of the semi-annual estimates of its economists. Previous estimates pointed to an 8% recession, indicating a further deterioration in economic conditions.

The growth consensus expected in 2022 would also be lower than expected, with average forecasts for growth of only 1.7% in 2022 against 2.4% according to previous estimates. Some of the economists surveyed would report a 5% recession in 2022.

On the inflation rate, it should reach 140.3% at the end of the year against forecasts of 115% last September, after the Banque du Liban put an end to the subsidy program for the purchase of primary products. need. The inflation rate should continue to rise with an average of 90.1% expected in 2022.

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