Lebanon’s public sector and its poor legal system stand ineffectual in tackling corruption amid a slow reform rate and regional instability. In details, underperformance is most prevalent in the trade ... read more
It used to be known as the “Merchant Republic” and, better still, as the “Switzerland of the Middle East”, and its capital city was referred to as the “Paris of the East”. If you think that country is ... read more
Abstract The substantial delay in publishing national accounts (namely the Gross Domestic Product, GDP) and thus economic growth (g) in developed and developing countries cripples financiers’ and ... read more
According to Lebanon’s commercial banks’ balance sheet, total assets witnessed a y-t-d increase of 1.42% and an increase of 5.36% y-o-y from $179.03B by May 2015 to $188.63B by May 2016. This y-t-d ... read more
Lebanon’s infrastructure was extremely damaged by the 1975-1990 civil war. The quality of public utilities decayed further after the war in 2006 and the Syrian war in 2011. Since then, Lebanon has lacked ... read more
According to the Ministry of Finance (MoF), “Salaries, Wages and Related Benefits”, which mainly includes the cost of basic salaries, allowances and indemnities, increased by 5.26% in the year of 2014 to ... read more
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