Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Read More
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The cash-basis fiscal deficit of Lebanon climbed to a 10-year high of $670.4M in Jan. 2020, after registering a $72.83M deficit in the Read More
In a regional analysis of the hospitality sector performance presented by Ernst & Young’s Middle East (ME) Hotel Benchmark Survey, key Read More
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to Read More
The total number of cleared checks in the Lebanese financial system slumped from 2.65M checks in Q1 2019 to 1.85M checks in Q1 Read More
Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM Read More
According to Ernst & Young Middle East hotel benchmark survey, the occupancy rate in Beirut’s 4- and 5-star hotels slipped to Read More
According to the central bank’s (BDL) balance sheet, Total assets increased by 4.5% year-to-date (YTD) to reach $147.7B in mid-April 2020. The breakdown Read More
According to Lebanon’s Central Bank (or BDL), the Balance of Payments (BOP) recorded a deficit of $505.3M in the second month Read More
During the first month of 2020, Lebanon’s trade deficit totaled $820.5M, narrowing from the $1.17B registered in the same month last year. Read More
