Now that its international airport is finally open, albeit partly so, Lebanon is betting on its most promising hand to revitalize its economy: Lebanese expatriates and tourists.
Despite the ongoing outbreak, around a million Lebanese expatriates will visit Lebanon, “carrying good and hopes,” predicted Abbas Fawaz, President of the World Lebanese Cultural Union.
After congratulating Lebanese-Dominican politician and businessman Luis Abinader for winning the 2020 presidential election of the Dominican Republic, Fawaz emphasized the positive impact that the diaspora can have on Lebanon.
The country has always depended on its nationals abroad to regularly visit home and “inject their material and moral capabilities in this country” and give it “new blood, renewedly, every year,” he said in a statement.
The population of the Lebanese diaspora is estimated to be three times that of the nearly 5 million currently residing in Lebanon and is seen by the government as a potential spring of hard cash dollars.
Additionally, he noted that the meetings were very good and that the Minister of Industry presented the Union with “a list of industries that can be invested in.”
Meanwhile, this year’s tourism season has not had its best kickoff, partly due to high ticket prices and the ongoing pandemic. Nonetheless, Lebanon will continue to hold music festivals in an attempt to attract tourists from around the world.
Our team works tirelessly to ensure Lebanese people have a reliable alternative to the politically-backed media outlets with their heavily-funded and dangerous propaganda machines. We've been detained, faced nonstop cyber attacks, censorship, attempted kidnapping, physical intimidation, and frivolous lawsuits draining our resources. Financial support from our readers keeps us fighting on your behalf. If you are financially able, please consider supporting The961's work. Support The961. Make a contribution now.