According to the Ministry of Finance, personnel costs increased by a yearly 6% to $4.03B by October 2016. In details, this rise came on the back of a 7% year-on-year incline in salaries, wages and social ... read more
Following several years of economic slowdown, the political breakthroughs that took place by the end of 2016 bolstered optimism regarding the coming year and potential prospects of easing the strains on ... read more
Fiscal deficit for H1 of 2015 showed a 33.29% year-on-year (y-o-y) expansion to $1.78B compared to the $1.34B deficit recorded H1 of last year. This was partially attributed to the 16.60% yearly decrease ... read more
Lebanon’s economic growth remained positive in 2014 despite the challenging political, security, and external environment. The Lebanese economy went through difficult times in 2014 except for the formation ... read more
Fiscal deficit for the first 3 months of 2015 showed a 14.95% year-on-year (y-o-y) contraction to $506.29M, on the back of 4.19% higher revenues and 4.35% lower expenditures, over the same period. In ... read more
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