Client: European Union
Duration: 2020-2022
Region: Middle East and North Africa
Country: Lebanon
Solutions: Economic Growth
In recent decades, Lebanon’s private sector has grown, largely organically, to become a dynamic and entrepreneurial hub for small- and medium-sized enterprises (SMEs). It is highly diversified, covering all levels of the economy, and contributes to around 75 percent of aggregate demand. In fact, the private sector has become the main driver of Lebanon’s economic growth and recovery.
The Technical Assistance Facility contributed to the expansion and diversification of Lebanon’s economy through the modernization of the private sector and the promotion of trade, entrepreneurship, and innovation.
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