Lebanon is a parliamentary republic with a confessional system that allocates political power among religious groups. Its economy, historically known as a regional financial and cultural hub, has been devastated by political instability, corruption, and a severe financial crisis since 2019. Traditional economic sectors include banking and financial services, tourism, agriculture, and services. The country faces hyperinflation, currency collapse, widespread poverty, and the need for comprehensive reforms. Despite having a well-educated population and cultural influence throughout the Middle East, Lebanon struggles with rebuilding its economy amid political deadlock, sectarian divisions, and the impact of regional conflicts.