LEBANON

Lebanese Economy Needs Electric Shock Therapy – IMF

With more than 1.4mn Syrian refugees now living in Lebanon, the country’s stuttering economy is coming under ever more strain. The IMF sees the electricity sector as a potential pivot for recovery.

While the influx of refugees from war-torn Syria continues to dominate Lebanon’s short-term economic outlook, the International Monetary Fund (IMF) says “electricity reform is an urgent priority” for the...