Search results
Results from the WOW.Com Content Network
Agriculture is a state responsibility in Lebanon, where the ministry of agriculture is involved in setting agricultural policies and regulations. In the 1990s, the Lebanese government has awarded 89 contracts in the agricultural sector worth a total of US$13.6 million and an additional 46 projects in the irrigation sector, worth US$51.8 million.
The Lebanese economy is service-oriented. Lebanon has a strong tradition of laissez-faire, with the country's constitution stating that "the economic system is free and ensures private initiative and the right to private property". The major economic sectors include metal products, banking, agriculture, chemicals, and transport equipment.
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ...
Nominal GDP sector composition, 2015 (in millions of 2005 USD): [5] [6] 2005 prices are used similarly to 2010 constant prices in which they provide economic statistics where inflation is accounted for.
Lebanon's caretaker prime minister, Najib Mikati, has said Israeli air strikes have turned southern Lebanon into a "devastated agricultural area". Israel and the Iranian-backed Lebanese armed ...
The Ministry of Agriculture is the ministry responsible for formulating the strategic framework for the agricultural sector and developing practical policies and programs to promote this sector. In addition, the ministry is developing a legal framework for the organization and infrastructure to facilitate investment, production and marketing ...
The agricultural sector in Lebanon employs 20–25% of the total workforce, [264] and contributed 3.1% to the country's GDP, [265] as of 2020. Lebanon has the highest proportion of cultivable land in the Arab world. [266] Major crops include apples, peaches, oranges, and lemons. [16]
The agriculture sector in Lebanon accounts for 5% of the country’s GDP and employs about 8% of the labor force. About 70% of Lebanon’s food needs are satisfied by imports. Lebanon’s agriculture sector is underdeveloped and poorly managed, and only 55% of the productive areas are used, often inefficiently and wastefully.