Economic Digest

Short analyses about Lebanon’s latest economic indicators, updated on a monthly basis

Rouba Chbeir
Economic Digest
January 13, 2020

Lebanon’s Gross Public Debt Hit $89.5B by November 2019

The latest data released by the Lebanese Ministry of Finance (MoF) revealed that Lebanon’s gross public debt jumped by an annual 7% to amount to $89.5B in the first eleven months of 2019. In details, debt ... read more

Rouba Chbeir
Economic Digest
January 10, 2020

BLC Bank Calls for an Extraordinary General Assembly: January 30th 2020

The Board of Directors of BLC Bank call their shareholders to attend an extraordinary general assembly meeting scheduled on Thursday January 30th 2020 at 11.00am at the bank’s headquarters in Beirut. The ... read more

Rouba Chbeir
Economic Digest
January 9, 2020

Commercial Banks’ Total Assets Added 4.09% YTD to $259.7B by November 2019

BDL recently released the consolidated balance sheet of Lebanese commercial banks which revealed that the banks’ Total assets added 4.09% year-to-date (YTD), to reach $259.7B by November 2019. In fact, ... read more

Sara Hadchiti
Economic Digest
January 8, 2020

Lebanon’s Balance of Payments Deficit at $3.51B by November 2019

According to BDL’s latest monetary report, the cumulative balance of payments recorded a deficit of $3.51B by November 2019, compared to a deficit of $4B during the same period last year. In fact, BDL’s ... read more

Sara Hadchiti
Economic Digest
January 3, 2020

Lebanon’s Fiscal Deficit Down yearly by 15% to Settle at $4B by October 2019

Lebanon’s cash-basis fiscal deficit narrowed from $4.73B by October 2018 to $4B by October 2019. The smaller deficit comes as a result of the 7.63% yearly decline in government spending, which outweighed ... read more

Sara Hadchiti
Economic Digest
January 2, 2020

BDL’s Total Assets Up by 0.54% y-o-y by December 2019 to $141.36B

The Central Bank’s (BDL’s) balance sheet ended the year with a 0.54% year-on-year (y-o-y) uptick in its total assets which stood at $141.36B by the end of 2019. In details, BDL foreign assets account ... read more

Sara Hadchiti
Economic Digest
December 30, 2019

Lebanon’s Trade Deficit Ended at $13.51B by October 2019, Down by 6.25% y-o-y

Lebanon’s trade deficit narrowed in the first 10 months of the year to reach $13.51B, down by 6.25% compared to the same period in 2018. In details, the total value of imports lost an annual 1.55% to stand ... read more

Sara Hadchiti
Economic Digest
December 28, 2019

To our Dearest Readers and Friends of BLOMInvest Bank We sincerely Thank you for your active readership, loyal support and your follow-up with our daily and weekly publications throughout 2019. Enjoy some ... read more

Sara Hadchiti
Economic Digest
December 27, 2019

Transfers to EDL Dropped yearly by 2.86% to stand at $717M in H1 2019

According to the Ministry of Finance, transfers to EDL witnessed a yearly drop of 2.86% to reach $ 717.35M in H1 2019. In details “Payments to fuel and oil gas suppliers KPC and SPC” (which grasped 99.80% ... read more

Rouba Chbeir
Economic Digest
December 26, 2019

Port of Beirut Revenues Shrank by 13.94%YOY to $184.6M by November 2019

The figures released by the Port of Beirut (PoB) revealed an annual slump of 13.94% in the Port’s revenues which settled at $184.6M by November 2019, compared to last year’s $214.4M. In details, Total ... read more

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Economic Digest