Economy Minister Amer Bisat affirmed that Lebanon is entering a “serious reform phase” aimed at rebuilding its economy on “realistic and sustainable foundations.”
The Minister stressed that recent positive indicators “must evolve into lasting growth rather than temporary recovery.”
Speaking to a delegation from the Economic Journalists Association, Bisat said Lebanon has strong fundamentals for growth, including human capital, education, innovation, and regional economic ties, noting that economic revival in Syria naturally reflects on Lebanon due to deep structural interdependence.
Moreover, Bisat explained that the government’s goal is to restore Lebanon’s economic size to $60–70 billion, up from the current $30–40 billion, adding that growth this year is expected to reach around 5 percent compared to 2024.
Bisat then identified four pillars for recovery: banking reform; improving competitivenessthrough lower production costs; good governance and administrative efficiency; and consolidating state sovereignty and stability as prerequisites for growth.
The Minister then highlighted progress in electricity, telecommunications, ports, and airports, and digitalization efforts that raised transaction automation to 80 percent.
Regarding IMF negotiations, the Minister confirmed Lebanon’s “unified, serious stance,” rejecting any deposit write-off and calling for a fair distribution of losses.
“The narrative must shift from seeking aid to attracting investment,” Bisat concluded, urging economic media to “present the full picture responsibly and accompany Lebanon’s transformation with realism and hope.”
The Minister stressed that recent positive indicators “must evolve into lasting growth rather than temporary recovery.”
Speaking to a delegation from the Economic Journalists Association, Bisat said Lebanon has strong fundamentals for growth, including human capital, education, innovation, and regional economic ties, noting that economic revival in Syria naturally reflects on Lebanon due to deep structural interdependence.
Moreover, Bisat explained that the government’s goal is to restore Lebanon’s economic size to $60–70 billion, up from the current $30–40 billion, adding that growth this year is expected to reach around 5 percent compared to 2024.
Bisat then identified four pillars for recovery: banking reform; improving competitivenessthrough lower production costs; good governance and administrative efficiency; and consolidating state sovereignty and stability as prerequisites for growth.
The Minister then highlighted progress in electricity, telecommunications, ports, and airports, and digitalization efforts that raised transaction automation to 80 percent.
Regarding IMF negotiations, the Minister confirmed Lebanon’s “unified, serious stance,” rejecting any deposit write-off and calling for a fair distribution of losses.
“The narrative must shift from seeking aid to attracting investment,” Bisat concluded, urging economic media to “present the full picture responsibly and accompany Lebanon’s transformation with realism and hope.”
