Lebanon Started 2017 with a $166.7M Surplus in its Balance of Payments

According to the Central Bank of Lebanon (BDL), Lebanon’s Balance of payments (BoP) recorded a $166.7M deficit in January 2017, compared to a deficit of $718.9M in January 2016, despite a 4.58% yearly rise in the trade deficit to $1.37B, in January 2017. In details, BDL’s Net Foreign Assets (NFA) recorded an increase of $299.3M by January, while commercial banks’ NFAs dropped by $132.6M.

Balance of Payments in January (In $ M)

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Source: BDL

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