According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $5.39B by June 2019 compared to $208.3M deficit recorded during the same period in 2018. In details, the Net Foreign Assets (NFA) of BDL dropped by $3.28B and those of commercial banks slipped by $2.11B by June 2019.
Moreover, the BoP recorded a monthly deficit of $204.3M in June 2019 alone, compared to $638.5M in June 2018. In fact, the NFAs of BDL recorded a decrease of $209.9M, while the commercial banks’ NFAs rose by $5.6M in June 2019.
Lebanon’s BOP by June (in $M)