[International Monetary Fund: Military conflicts have severely damaged the Lebanese economy and people's livelihood] On September 19, a delegation from the International Monetary Fund visited Beirut, the capital of Lebanon, from the 15th to the 18th to consult with the Lebanese side on the country's macroeconomic prospects and reform progress in key economic and financial fields. The head of the delegation, Ernesto Ramirez Rigo, said after the visit that due to the conflict between Hezbollah and Israel and the regional security situation, the Lebanese economy and people's livelihood have once again suffered a heavy blow. In 2026, Lebanon's economic activity is expected to contract significantly and inflation remains high. Rising energy costs have pushed up the current account deficit. In addition, Lebanon's domestic infrastructure and residential buildings have been extensively damaged, large-scale displacement has occurred, and the living standards of the displaced have significantly deteriorated. (CCTV News)