In countries with deficits and debt like Lebanon, what matters is not only how high these deficits and debt can get, but also how they are usually financed. Economic theory predicts that central bank ... read more
Lebanese Forex Market Since the onset of national civic protest in October 2019, the imposition of capital controls alongside the deterioration of the economy on multiple fronts has contributed to creating ... read more
The process for selecting a new government was delayed given Lebanon’s sectarian politics. In addition, corruption and political instability are key weaknesses adding to the lack of access to foreign ... read more
The BLOM Stock Index (BSI) compiled by BLOMInvest Bank on a daily basis rose by 1.41% over the week ending September 18, 2020 to reach 616.46 and the Market capitalization on the Beirut Stock Exchange ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
Lebanon’s Central Administration of Statistics (CAS) has recently switched from an annual system to a new quarterly system of national accounts. It stated that the “sources and methods used to compile ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $93.74B in July 2020, thereby recording an annual 9% increase. The increase is mainly attributed ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.2B by June 2020, down from last year’s $2.4B. In detail, the substantial deficit is attributed to ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
The Corona virus outbreak and the economic situation in Lebanon have had wide ranging implications on construction companies at the time when the real estate sector was already struggling. According to the ... read more
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