Lebanon’s Balance of Payments registered a $153.2M Surplus by February 2018

 

According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a surplus of $153.2M by February 2018 as compared to the $508.5M surplus recorded during the same period in 2017. In details, the Net Foreign Assets (NFA) of BDL rose by $1.4B while that of commercial banks slipped by $1.25B by February 2018.

Moreover, the BoP recorded monthly deficit of $83.7M in February 2018 alone, down from $236.9M in the previous month.  In fact, the NFAs of BDL rose by $415.2M, while the commercial banks’ NFAs displayed a monthly downturn of $498.9M.

Balance of Payments (BoP) up to February (in $M)

graph

Source: BdL

 

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