Lebanon’s ailing economy should receive a welcome injection of more than $3 billion thanks to a rebound in tourist arrivals over the summer, the tourism minister said on Wednesday. Lebanon defaulted on its debt in 2020, the local currency has lost around 90 percent of its value on the black market, and the UN now considers four in five Lebanese to be poor. While soaring inflation is ravaging households with incomes in Lebanese pounds, the informal exchange rate makes prices attractive to most tourists. “This summer is promising. We expect more than a million tourists and income of $3-3.5 billi…