Productive Sectors Development Essential for Achieving #TheLebanonWeWant
15 May 2020
- The Lebanese economy is suffering from the consequences of longstanding development challenges and multiples crises.
- Starting from the Syrian crisis in 2011, to the ongoing financial and economic crisis exacerbated further by the COVID-19 health emergency, these shocks are coming at a very high economic and social cost.
Productive sectors’ development will support early recovery and job creation while building resilience and shifting the country’s trajectory towards sustainable growth and inclusive development in the long term.
“Unemployment, inequality, poverty and domestic violence are rising, and risk reversing the progress made on Sustainable Development Goals in Lebanon. Productive Sectors development has been a long-standing priority for the UN in Lebanon and our commitment remains even higher today given their important role in leading the economic recovery and the overall COVID-19 response,” said Claudio Cordone, the UN Resident and Humanitarian Coordinator ad interim in Lebanon.
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