THE DIGITAL ECONOMY AS AN ALTERNATIVE IN LEBANON: FOCUS ON MICRO, SMALL, AND MEDIUM ENTERPRISES

0
3K

The policy brief discusses the potential of transitioning to a digital economy in Lebanon, focusing on Micro, Small, and Medium Enterprises (MSMEs) amidst the country’s ongoing socioeconomic crisis. It highlights the challenges hindering this transition and provides recommendations for government action, partnerships, education, and open data to support the digitalization of MSMEs.

Key Insights

  • Lebanon is facing an unprecedented socioeconomic crisis, making the transition to a digital economy crucial for recovery.
  • MSMEs, constituting a significant portion of Lebanon’s businesses, face challenges in digital transformation, exacerbated by the COVID-19 pandemic.
  • Infrastructural challenges, inadequate legislative frameworks, and a lack of digital skills hinder Lebanon’s transition to a digital economy.
  • Partnerships between stakeholders, improvements in education, and open data initiatives are essential for supporting the digitalization of MSMEs.
  • A holistic national strategy, investment in infrastructure, and updates to legislative frameworks are necessary for a successful transition to a digital economy.

Source: AUB (American University of Beirut)

Search
Categories
Read More
Resources
How to Find a brilliant fintech idea
The Fintech Startup Handbook provides insights, tips, and case studies for entrepreneurs looking...
By Samer Haffar 2025-02-10 11:56:53 0 3K
Other
How I Learned to Read a Toto Site Before Trusting It
  When I first encountered a Toto site, I thought experience alone would protect me. I had...
By Safetysite Toto 2026-01-13 13:58:24 0 172
Resources
Why Invest in Turkish ICT Sector
The Turkish ICT sector offers a favorable investment environment with strong macroeconomic...
By Samer Haffar 2025-02-10 08:31:57 0 3K
Resources
The Tech Ecosystem in Palestine: Challenges and Opportunities in the Palestinian Information and Communication Technology Sector
Anera conducted an assessment of the tech ecosystem in Palestine through 34 extensive interviews...
By Samer Haffar 2025-02-09 11:03:10 0 3K
Resources
How to Choose a Sports Betting Site: A Practical Strategy You Can Use Today
Selecting a sports betting site isn’t a branding exercise—it’s an execution...
By Reporto Tosite 2026-01-13 12:49:19 0 243