Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
For the second month of year 2021, Lebanon’s trade deficit totaled $1.56B, going from the $1.42B registered in the same period last year. In fact, total imported goods retreated only by 7.4% year-on-year ... read more
As the country’s economic and financial crises has deepened, we are heading intensely towards a cash society in all shapes. In fact, paying by cash is likely becoming the only accepted payment method by ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.23% compared to last year, to reach $158.18B by mid of July 2021. The increase was mainly due to the 40.72% ... read more
Beirut’s International Airport welcomed 1.44million (M) passengers in the first 6 months of 2021 compared to 1.25M passengers during the same period last year. The breakdown of the airport’s statistics ... read more
According to the Ministry of Finance, transfers to EDL stood at $810.52M by November 2020, dropping by 41.1% compared to the same period last year. This was mainly a result of lower payments to KPC and ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) remarkable increase of 177.68% to reach 4,218 permits by April 2021. ... read more
The fuel shortage continues amid higher prices per tank, where Lebanese drivers and civilians have been lining their cars for hours in front of the fuel station over the past month. The shortage has added ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1,573.9M by May 2021, compared to a deficit of $2,190.5M over the same period last year. Accordingly, Net foreign Assets ... read more
Lebanese Commercial banks, BDL and the Lebanese government incurred high losses as a result of the financial crisis, and will continue to suffer as long as the Lebanese Lira currency is unpegged. In ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods and services’ prices consumed by households, revealed that ... read more
The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $97.26B in the first quarter of 2021, thereby recording an annual increase of 5.2%. The rise is ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.12% compared to last year, to reach $156.74B by end of June 2021. The increase was mainly due to the 43.76% ... read more
According to the Ministry of Finance, transfers to EDL stood at $738.978M by October 2020, dropping by 43.4% compared to the same period last year. This was mainly due to lower payments to KPC and ... read more
According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased annually 2.6% to reach $6.55B by December 2020. This decrease was driven by the large drop of “end of service indemnities” by ... read more
According to the data from the Orders of Engineers in Beirut and Tripoli, the total construction permits witnessed a year-on-year (YOY) remarkable increase of 57.01% to reach 2,385 permits by March 2021. ... read more
In a marathon session, the Lebanese Parliament approved yesterday the “Financing Card” that is designed to help for a year the families severely disadvantaged by the crisis. The “Financing Card” law covers ... read more
During the first month of 2021, Lebanon’s trade deficit totaled $732.5M, narrowing from the $820.5M registered in the same month last year. In fact, total imported goods retreated by 20.6% year-on-year ... read more
In light of severe gasoline shortages in the country, the President of the Republic convened with the Ministers of Finance and Energy and the Governor of BDL on 24/6/2021, and agreed to use commercial ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods and services’ prices consumed by households, revealed that ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.44% compared to last year, to reach $157.42B by mid-June 2021. The increase was mainly due to the 8.08% rise ... read more
Following the political unrest and the worldwide pandemic, Beirut Airport activity retracted by 14.77% year-on-year (YOY) in May 2021. Accordingly, the number of passengers was reduced notably, falling ... read more
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