According to the Central Bank of Lebanon, Lebanon’s Balance of Payments (BoP) witnessed a deficit of $159.7M in January 2020 as compared to the $1,379.7M deficit recorded during the same period in 2019. In details, the Net Foreign Assets (NFA) of BDL slipped by $612.8M while the NFA of commercial banks rose by 454.9M. Worth mentioning that during the same period last year, NFA of BDL and Commercial Banks dropped by 395M and 984.6M, respectively.
Balance of Payments (BoP) in January (in $M)
Source: BdL