The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $101.95B in October 2022, thereby Read More
Banque du Liban (BDL) disclosed its biweekly interim balance sheet on February 15, 2023, painting the shift from the old official rate of 1,507.5 LBP/Read More
Million USD H1 2021 H1 2022 Current Account1: (2182) (3027.8) Trade in Goods (4368.9) (6229.9) Trade in Services 397.6 947.8 Labor remittances 2231.3 2325.1 Capital and Financial Account1: (1061.1) 382.6 FDI 847.6 236.7 Portfolio (1197.9) (1250.2) Other (1179.9) 1236.8 Read More
The activity at Rafic Hariri International Airport improved remarkably in January 2023 compared to the same period last year. In fact, the number Read More
Overall, total container activity including transshipment (TEU+TS) increased by a yearly 16.28% to stand at 715,099 twenty-foot equivalent unit (TEU); container activity (TEU) Read More
This (slightly technical) economic digest is prepared by Dr Samih Antoine Azar, Professor of Economics and Finance at Haigazian University. Menu costs Read More
Lebanon has been facing dire economic conditions started in the eruption of October 2019’s upheavals and the historical devaluation of the Lebanese Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $3.2B by December 2022, far exceeding the deficit over Read More
According to Lebanon’s consolidated commercial banks’ balance sheet, total assets decreased annually by 3.36% to stand at $169.05B by December 2022. Note that Read More
BLOM Bank published on 6/2/2023 its consolidated but un-audited financial results for end 2022. The results obtained were naturally affected by the impact of Read More
