Lebanese banks are now facing a 17% tax on provisions they were instructed to set aside—ironically, to absorb losses from sovereign bonds Read More
In its July 2025 World Economic Outlook (WEO) update, the International Monetary Fund (IMF) revised global growth projections upward. World GDP is now Read More
Lebanon’s customs revenue story is taking a surprising turn: despite only modest growth in imports, customs collections in early 2025 soared by 165% Read More
The nominal exchange rate as commonly known is the price of one currency in terms of another. It’s usually expressed as Read More
In its Spring 2025 issue titled “Turning the Tide?”, the World Bank’s (WB) Lebanon Economic Monitor (LEM) featured a special analysis of Read More
Bank Audi published on 27 May 2025 its non-audited financial results for Q1 2025. It stated that as to political stabilization and progress towards IMF Read More
In its May 21, 2025, review, the international rating agency Moody’s kept Lebanon’s “C” rating, underscoring that bondholders’ losses since the March 2020 Read More
Trillion LBP 2018 2019 2020 2021 GDP 82.8 80.3 96.9 245.6 Total Exports 17.2 16.6 27.2 96.2 Goods Exports 5.5 7.0 16.4 53.1 Service Exports 11.7 9.6 10.8 43.1 Total Imports 39.3 33.9 57.2 212.5 Goods Imports 29.8 24.9 45.9 172.8 Service Imports 9.5 9.0 11.3 39.7 % Goods Exports/ Service Exports 47 73 […]Read More
Summarizing the IMF’s May 2025 Regional Economic Outlook for the Middle East and North Africa on May 1, 2025 in Dubai, Mr. Jihad Azour, Read More
To start with, between October 2023 and December 2024, Houthi forces have conducted 201 attacks on commercial vessels, resulting in 12 fatalities. The resulting crisis has Read More
