Syrian refugees
A common myth – believed by most stakeholders in politics and business – is that the Syrian refugees have had a major negative impact on Lebanon’s finances and economy. This is false.
The Syrian crisis has had a negative impact, such as decline in tourism from Arab Gulf countries and the ensuing sales of luxury products and services, the closure of export routes to Iraq and Arab Gulf countries, depressed demand for medium and high-end real residential estate, and increased scrutiny on financial institutions and transactions.
On the other hand, hosting the refugees has resulted in a net
