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
Table 1: Bn USD D E GNP BDL’s NFR E/GNP% D/GNP% 2015 27.1 25 52.8 7.2 47.3 51.3 2016 28.2 26 52.8 -0.4 49.2 53.4 2017 30.4 28.1 54 -8.5 52.0 56.3 2018 33.5 31.3 55.2 -15.4 56.7 60.7 2019 33.8 31.7 53.5 -32.4 59.3 63.2 2020 36.1 33.9 35.3 -50.7 96.0 102.3 2021 38.6 […]Read More
The visit of Jesse Baker, (Deputy Assistant Secretary of the Treasury for Asia and the Middle East in the Office of Terrorist Read More
The banking sector continued its retrenchment in 2023. It was a year where the economic and financial crisis continued un-abated with no corrective Read More
The global economy defied expectations in 2023, showing more resilience than anticipated. Despite facing hurdles like high inflation, rising interest rates, and geopolitical Read More
2023 saw global equity markets outperform expectations, ending the year with positive returns across diverse sectors. Despite challenges, the global economy showed surprising Read More
