Lately, there seems to be a serious discussion, if not outright pressure, that BDL should use its foreign exchange (FX) reserves, even Read More
Once again, the Israeli-Hezbollah war has thrown Lebanon into a deep crisis. This conflict is not the first conflict between these two Read More
Introduction Five years ago, the financial crisis caused the banking sector and exchange rate regime in Lebanon to collapse which dragged with Read More
As we evolve, we humans tend to create things that facilitate our tasks and make it easier to gain time and progress. Read More
The Union of Arab Banks (UAB) published in its second issue – July 2024, a report on the “Economic Relations between Arab Countries and Read More
The Big Mac index, developed by the Economist magazine in 1986, is based on the theory of the purchasing power parity (PPP), the Read More
Table 1: National Accounts 2020 2021 GDP at market prices (Trillion LBP) 96.9 245.6 GDP at constant prices1 (Trillion LBP) 60.5 61.7 Real GDP growth % -24.6 2 GDP Deflator growth % 60.1 148.4 Read More
The economic crisis that began in 2019 has led to a substantial loss of purchasing power for most Lebanese households. Triple-digit inflation rates, Read More
The Central Bank issued on August 22nd, 2013 circular #331 in order to develop the Lebanese eco-system and improve the Lebanese knowledge economy through Read More
Since September 2019, commercial banks in Lebanon have largely ceased granting loans, leading to a decrease in loan balances over the subsequent years (Read More
