Friday, February 15, 2019

Real exports grew five percent to $2.3 billion. Drop in exports to most Arab countries


Real exports of industrial and agricultural goods increased five percent last year to $2.3 billion, compared to 2017, according to Customs data.

The real export figures exclude pearls and precious stones, whose total value of exports rose to $648 million in 2018, up from $586 million in 2017. They also exclude mineral products (mostly oil products, mainly re-exported to Syria), which dropped to $31 million from $48 million over the same period.

Most real exports went to Saudi Arabi...

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Friday, February 1, 2019

$2.6 billion in assistance sought to support refugees. There will be no funding in the coming budget


The 2019 Lebanon Crisis Response Plan (LCRP) calls for $2.6 billion for the provision of direct humanitarian assistance and protection of highly vulnerable people in the country.

Around 40 percent of the needs that LCRP covers are for basic assistance, food security and agriculture, according to the LCRP updated 2019 report.

"There will be no funding for the Syrian refugees crisis in the coming budget," said Prime Minister Saad Hariri, on Thursday, when the report was unveiled.
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