Lebanon’s Balance of Payments registered a $754.74M deficit by April 2018

 

According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $754.74M by April 2018 as compared to the $233.9M surplus recorded during the same period in 2017. In details, the Net Foreign Assets (NFA) of BDL rose by $1.16B while that of commercial banks slipped by $1.92B by April 2018.

Moreover, the BoP recorded a monthly deficit of $556.5M in April 2018 alone, down from $355.4M in the previous month.  In fact, the NFAs of BDL displayed a monthly downturn of $271.8 M, while the commercial banks’ NFAs dropped by $284.7M in April 2018.

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

graph dmb

Source: BDL

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