Standard & Poor's Ratings affirmed Lebanon's foreign currency credit rating at SD/SD and local currency credit rating at CC/C with a negative long-term outlook.
The agency revealed that external debt now accounts for 90 percent, and GDP will rise slightly in 2026 to $ 19.4 billion, then decline again to $ 18.7 billion the following year, a level similar to what it is now. In parallel, per capita output will not exceed $3,200 in 2027, 35 percent of what it was in 2018. Public saving will remain in deficit of 3.7 percent of output and the debt-to-output ratio will reach 236.8 percent in 2027 compared to 143 percent in 2018, but if the current situation continues, the rate of the lira against the dollar will rise to 151,000 pounds in 2027.
Source (Kataeb.org Website, Edited)
