According to the ministry of Finance, in August 2017, transfers to EDL reached LBP 318.20B ($211.08M). Indeed, transfers rose considerably by LBP 482.86B ($320.30M) between Jan-August 2016 (LBP 785.71B) ... read more
Lebanon’s fiscal deficit narrowed from $2.53B by August 2016 to $1.39B by August 2017. The contraction is mainly attributed to the 14.85% annual increase recorded in public revenues, which also outweighed ... read more
According to the Ministry of Finance, transfers to EDL rose substantially to stand at LBP 545.66B ($361.96M), compared to LBP 316.89B ($210.21M) This rise mainly resulted from the increase in payments to ... read more
According to the Ministry of Finance, transfers to EDL doubled the first 2 months of 2017, compared to the same period last year, reaching LBP 309.07B ($250.02M). This rise mainly resulted from the ... read more
According to the Ministry of Finance, transfers to EDL reached $926M by the end of 2016, substantially lower than the $1.13B transferred over the same period in 2015. This decline mainly resulted from the ... read more
According to the Ministry of Finance (MOF), treasury transfers to EDL (Debt service and reimbursement of gas and fuel purchases) totaled $819.8M in the first eleven months of 2016, 22.3% lower than the ... read more
Lebanon’s fiscal deficit widened by 25.09% year-on-year (y-o-y) to $4.94B by the end of 2016. This was attributed to the 9.90% yearly increase in government expenditures outpacing the 3.63% annual rise in ... read more
The reports of the Ministry of Finance continued to show a reduction in the Transfers to EDL, which stood at $521.2M and corresponds to a 33.8% y-o-y decrease by August 2016. By Aug. 2016, the Transfers ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 27.13% to reach $2.53B by August 2016, versus a deficit of $1.99B in the same period in 2015. The 4.13% year-on-year (y-o-y) ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 8.52% to reach $1.94B by June 2016, versus a deficit of $1.78B in the same period in 2015. In details, in the first half of the ... read more
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