Lebanon’s Balance of Payments Registered a $5.39B Deficit by June 2019

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)

Lebanon’s Balance of Payments Registered a .39B Deficit by June 2019

 

Source: BDL

 

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