Lebanon: reconstruction or destruction?
Having secured more than $11bn in international loans and grants, the Beirut government is hoping its economic plans aren't blown away by another war
There was a general feeling of satisfaction when the recent Lebanon donors' conference in Paris came to an end. The Lebanese government had received international promises of $11.5bn to boost the ailing economy and rebuild the country's infrastructure, crumbling after decades of warfare and neglect. Prime Minister Saad Hariri praised the global community for its "clear and concrete indication of support". French President Emmanuel Macron spoke of the "unprecedented mobilisation" on Lebanon's behalf. "At a time when the Levant probably lives one of the worst moments of its history," Macron went on, "it's more important than ever to preserve the most precious asset: a peaceful, diverse and har

Also in this section
20 May 2025
Petroleum Economist is proud to be an official media partner for the 9th OPEC International Seminar in Vienna
20 May 2025
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa
19 May 2025
The two Gulf states are combining fossil fuel production with ambitions to become leaders in low-carbon energy
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region