Lebanese are exhausted from the escalation of adverse events taking place. Year 2021 was marked by further crises affecting the economic and health sector, amid bitter relations between the country’s ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 10.31% compared to last year, to reach $164B by mid-January 2022. The increase was mainly due to the 51.07% ... read more
Following up on its previous report on Lebanon “The Deliberate Depression”, the World Bank (WB) published yesterday its new report on the country “The Great Denial”, as part of the WB’s Lebanon Economic ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions which may include one or more realties, went up by a yearly 36.10% to ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 44.6 percentage point (pp) by August 2021, up from last year’s registered ... read more
The activity at Rafic Hariri International Airport improved in the first 12 months of the year despite a rough summer and holiday’s season and shy tourism during this period. Consequently, the number of ... read more
This is a summary of the report published by Lebanon Opportunities (IMF’s Crystal Ball: A Report by Lebanon Opportunities (Jan 2022)). It evaluates the Article IV Consultation reports about Lebanon ... read more
According to the data published by the Association of Lebanese Banks’ (ABL), the total number of cleared checks in the Lebanese financial system slumped from 5,382,841 checks by November 2020 to 2,948,730 ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 9.79% compared to last year, to reach $163.19B by end of December 2021. The increase was mainly due to the ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased by 6.62%, year-to-date (y-t-d), and stood at $175.59B in November 2021, according to Lebanon’s consolidated ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1,576 M by November 2021, compared to a deficit of $10,203M over the same period last year. Accordingly, Net foreign ... read more
The latest statistics on activity at the Port of Beirut show an annual decrease of 15.03% in the revenues of the Port of Beirut (PoB) to $6.40M by October 2021, compared to last year’s $7.54M. Accordingly, ... read more
According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased annually by 8.9% to reach $2.97B at the official rate 1507.5. The decrease in public salaries was driven by the large drop in the ... 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 58.10% to reach 13,347 permits by October ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently stated in its automotive report that “A dramatic drop of 28.1% in new cars registered in Lebanon during the first 11 months of 2021 in ... read more
According to the data from the General Directorate of Land Registry and Cadastre (LRC), the number of Real estate (RE) transactions which may include one or more realties, went up by a yearly 32.14% to ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal balance (cash basis) decreased by 108.40% from last year to register a first time surplus of $186.68M by June 2021. In detail, the ... 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 $98.73B in August 2021, thereby recording an annual increase of 4.7%. The rise is mainly ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 3.76% compared to last year, to reach $163.86B by mid December 2021.The increase was mainly due to the 25.26% ... read more
According to the Ministry of Finance, transfers to EDL stood at $256.80M by April 2021, dropping by 33.6% compared to the same period last year. This was mainly a result of lower payments to KPC and ... read more
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