According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $1,930M by February 2019 as compared to the $165.2M surplus recorded during the same period in 2018. In details, the Net Foreign Assets (NFA) of BDL and of commercial banks slipped by $786.2M and $1,143M, respectively, by February 2019.
Moreover, the BoP recorded a monthly deficit of $550.1M in February 2019 alone. In fact, the NFAs of BDL and the commercial banks’ NFAs displayed a monthly downturn of $391.2M and $159M, respectively.
Balance of Payments (BoP) up to February (in $M)