GDP

The IMF Raises Its 2023 Growth Forecast for Lebanon's GDP

The International Monetary Fund (IMF) has raised its 2023 GDP forecast for Lebanon, now estimating it at $24 billion, up from $16.2 billion in its June 2023 report. This upward revision reflects the adoption of a new methodology for calculating national accounts, leading to a 50% increase in the estimated GDP value. The update is part of the ...