In 2024, the war between Israel and the military wing of Hezbollah[1] lasted for two months from late September to late November. The Read More
In mid-October 2019, just before the onset of the Lebanese financial crisis, the Central Bank of Lebanon (BDL) published its bi-weekly balance sheet Read More
The Lebanese Council of Ministers (COM) approved on 16 February 2026 an increase to public sector wages and benefits (for army and administrative personnel Read More
IMF on Lebanon: Respect for International Principles in Bank Restructuring; and Need to Implement a Medium-Term Fiscal Framework
An International Monetary Fund (IMF) mission, led by Ernesto Ramirez Rigo, visited Beirut, Lebanon, from February 10 to 13, 2026, to discuss progress on key Read More
Prepared for IFI Closed Roundtable: Friday, February 6, 2026; 5-6.30 pm The Lebanese crisis is more than six years old now, and there doesn’Read More
The former Deputy Prime Minister of Lebanon (2021 -2025), Mr Saade Chami, provided in January 2026 an analysis of the proposed Financial Gap law Read More
Growth and Efficiency in the Lebanese Economy: A Tale from the Pre-crisis and Crisis Years
Table 1 Average: % ΔY/Y ΔL/L ΔK/K α(ΔL/L) β(ΔK/K) α(ΔL/L)+β(ΔK/K) ΔTFP/TFP 2014-2018 0.7 1.4 4.6 0.8 1.8 2.6 -1.9 2019-2023 -5.8 Read More
Table 1: % Dec. 2018 BDL-Deposits/Assets 76.7 Deposits/Assets 83.9 Capital/Assets 8.2 Table 2: Estimates ala Gap Law: USD Billion Customers’ Deposits After Anomalies 60 Customers’ Total $100,000 Deposits 20 Read More
Some Preliminary Thoughts Regarding the Impact of the Proposed Gap Law on Banks
Table 1: Commercial Banks Foreign Assets: October 2025, Million USD Currency and Deposit in Other CBs 704 Loans 5,224 Claims on Non-Resident Fin. Sector 5,213 Eurobonds (net Read More
In the economic growth literature, two interesting ideas stand out: nominally speaking, the first captures a standard idea and the second happens Read More
