According to the Ministry of Finance (MoF), Lebanon’s gross public debt recorded an annual uptick of 6.46%, to reach $79.36B in the first 11 months of 2017. In details, debt in local currency, LBP, ... read more
According to Global Blue, tourist spending in Lebanon rose by a yearly 5.5% by December 2017, compared to end 2016. The rise is mainly attributed to increasing tourist spending by Syrians, Kuwaitis, and ... read more
According to the Central Administration of Statistics (CAS), average inflation increased by a yearly 4.44% by December 2017, compared to an average deflation rate of 0.78% recorded by Dec. 2016. All sub ... read more
Lebanon’s Balance of Payments (BoP) registered a $1.01 billion deficit by November 2017 compared to a $327.7 million surplus by November 2016. By November 2017, the Central Bank of Lebanon’s Net Foreign ... read more
The resignation of PM Saad Hariri on November 4 shook the Lebanese political scene. As such, depositors either transferred their savings outside the country or exchanged their LBP deposits to USD, amid the ... read more
As mirrored by a contracting PMI, the private sectors’ activity has been deteriorating in the past few years. As such, given the slow economic conditions in Lebanon, the number of loan guarantees plummeted ... read more
Port of Beirut (PoB) recorded a slight 0.43% yearly increase in its revenues to reach $239.98M by December 2017. Total container activity including transshipment (TEU+TS) rose by a yearly rate of 13.76% to ... read more
According to the Association of Lebanese Car Importers (AIA), the total number of newly registered commercial and passenger cars slightly rose by an annual 2.54% to stand at 39,863 by December 2017. In ... read more
According to data from the Lebanese Cadastre Registry, the number of real estate (RE) transactions registered an annual uptick of 13.6%, to reach 95,856 transactions by December 2017. As such, the total ... read more
According to the latest data published by Lebanon’s Ministry of Finance (MoF), personnel costs increased by a yearly 4%, to reach $4.87B by December 2016. In fact, the growth in personnel costs was mainly ... read more
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