Banque Du Liban (BDL) recently released its Macroeconomic Review for the first half of 2025, offering a comprehensive assessment of Lebanon’s economic trajectory, monetary conditions, Balance of Payments ... read more
In an editorial in Annhar Newspaper published on 9/9/2022 titled “Economists and Their Mistakes”, the article reprimands Lebanese economists – a bit belligerently — for citing Gross National Income ... 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 down by a yearly 15.27% to ... read more
Bank Audi published on 9/9/2022 its non-audited financial results for H1 2022. In its statement, Bank Audi said that “(1) Persisting excessive uncertainties arising from a lasting financial crisis since ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $101.08B in April 2022, thereby recording an annual increase of 3.4% YOY. The rise is mainly ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $2. 78B by July 2022, compared to a deficit of $1.77B over the same period last year. Accordingly, Net foreign Assets ... read more
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 5.2% to stand at $171.25B by July 2022. On the assets side, currency and deposits with Central Bank ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 45.5% percentage points (pp) by June 2022, up from last year’s percentage of ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 5.96% compared to last year, to reach $169.28B by end of August 2022. The increase was mainly due to the ... 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 2,158,475 checks from July 2021 to 1,123,318 ... read more
Fitch Ratings affirmed on 12 Aug 2022 Lebanon’s Long-Term ForeignCurrency Issuer Default Rating (IDR) at ‘Restricted Default’ (RD) and Long-Term Local-Currency IDR at ‘CC. Key ... read more
According to the Ministry of Finance, transfers to Electricite du Liban (EDL) stood at $462.9M by September 2021, dropping by 31.5% compared to the same period last year. This was mainly a result of lower ... 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 1.65% to ... read more
Billion LBP October 2019 March 2020 December 2020 December 2021 March 2022 Total Domestic Debt: 82,260 87,935 89,762 93,247 92,396 BDL 44,967 51,501 55,079 58,002 58,951 Banks 26,046 24,916 23,157 21,200 ... read more
The tourism sector in Lebanon looks very different two years after severely affected by shutdowns, travel restrictions and the social unrest erupted since end of 2019. Fortunately, numbers shows that ... read more
In its latest ratings on Lebanon, S&P affirmed the “SD/SD (selective default) foreign currency ratings and our CC/C local currency ratings on Lebanon. The outlook on the long-term local currency rating ... 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. We note that ... read more
For the first seven month of year 2022, Lebanon’s trade deficit totaled $8.10B up from $5.68B registered in the same period last year. Total imported goods added 35.15% year-on-year (YOY) to $10.74B while ... read more
The activity at Rafic Hariri International Airport improved remarkably in the first seven month of 2022. The number of Beirut’s International airport passengers added 65.05% and recorded 3,389,753 ... read more
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels reached 42.6% percentage points (pp) by May 2022, up from last year’s percentage of ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 8.02% compared to last year, to reach $171.07B by mid of August 2022. The increase was mainly due to the ... read more
In its Food Security Update, published on August 11, 2022, the World Bank reported that “record high food prices have triggered a global crisis that will drive millions more into extreme poverty, ... read more
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