The latest World Bank report points out that the Lebanese economy is still in a state of decline.

[the latest World Bank report points out that the Lebanese economy is still in a state of decline] on May 17, the World Bank released the latest issue of the Lebanon Economic Monitoring report in Spring 2023, local time, pointing out that "the Lebanese economy is still in a state of sharp decline, far from recovery." According to the report, in 2022, Lebanon's real gross national product fell by about 2.6% compared with the same period last year, and the size of the economy shrank for five consecutive years. Lebanon's gross national product at the end of 2022 was only 39.9% of that at the end of 2018. The World Bank forecasts that the Lebanese economy will continue to contract by 0.5% in 2023.