Iraqi tourists provide unlikely boost for Lebanon’s failing economy
By : BBC NEWS
Published On: 2022-10-27
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03:04
A new wave of tourists have been arriving in Lebanon at exactly the time when many others from around the world have deserted it.
In fact, it's now the number one destination for Iraqi holidaymakers. And their US dollars are proving crucial to the economy.
Lebanon's currency has lost 90% of its value in the last few years, and the economy is struggling badly. The vast majority of Lebanese are now living in poverty, and even managing to afford life's basics is a struggle.
The country has a lot to offer Iraqi tourists. They can now get visas easily when they arrive at the airport, and they're cheap.
Combined with the good exchange rate, it makes a trip here attractive even to lower earners, because their money goes a long way.
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