According to the latest figures by the Ministry of Finance (MoF), Lebanon’s fiscal deficit (cash basis) stood at $2B by May 2020, down from last year’s $2.38B. In detail, the substantial deficit is ... read more

On July 28, 2020, Moody’s Investors Service downgraded the Government of Lebanon’s issuer rating to C from Ca, and has not assigned an outlook to the rating. Moreover, the agency also downgraded ... read more

According to the Ministry of Finance’s (MoF) latest debt report, Lebanon’s gross public debt increased annually by 9.10% to $93.14B, by May 2020. In details, debt in local currency (denominated in LBP) ... read more

In the midst of the country’s ongoing political and economic crisis and the intensifying depreciation of the Lebanese Pound’s value on the parallel market, Lebanon’s inflation rate in June 2020 stood at ... read more

According to the Ministry of Finance, transfers to EDL stood at $194.93M by February 2020, decreasing by 21.84% compared to the same period last year. This was mainly due to lower payments to KPC and ... read more

Data released by the Ministry of Finance (MoF) revealed that personnel costs witnessed yearly uptick of 0.79% to stand at $2.20B by April 2020. The increase during Jan-Apr 2020 was a result of the annual ... read more

According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 7.36% since year-start, to reach $151.76B in mid-July 2020. The increase was mainly due to the 19.40% rise in ... read more