According to the Association of Lebanese Banks (ABL), the Lebanese gross public debt reached $76.93B by April 2017, up by 2.7% since year start and by 7.36% compared to April 2016. The gross public debt ... read more
According to the Ministry of Finance, transfers to EDL reached $926M by the end of 2016, substantially lower than the $1.13B transferred over the same period in 2015. This decline mainly resulted from the ... read more
During the first 2 months of 2017, real estate activity witnessed a retreating performance as the total number of real estate transactions decreased by 2.0% y-o-y to reach 12,092. Also, the total value of ... read more
According to the Ministry of Finance (MOF), treasury transfers to EDL (Debt service and reimbursement of gas and fuel purchases) totaled $819.8M in the first eleven months of 2016, 22.3% lower than the ... read more
Lebanon’s fiscal deficit widened by 25.09% year-on-year (y-o-y) to $4.94B by the end of 2016. This was attributed to the 9.90% yearly increase in government expenditures outpacing the 3.63% annual rise in ... read more
Although total tourist spending in the first half of 2016 plunged by 14% y-o-y, it improved in the second half of 2016. According to Global Blue, tourist spending in 2016 recorded a decelerated plunge of ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 27.13% to reach $2.53B by August 2016, versus a deficit of $1.99B in the same period in 2015. The 4.13% year-on-year (y-o-y) ... read more
The lower number of GCC tourists coming to Lebanon led to a 10% y-o-y fall in tourist spending by the third quarter (Q3) of 2016, according to Global Blue. However, on a quarterly basis, the occurrence of ... read more
The BoP recorded a large surplus of $1.79B in August alone and thus turned the BoP of the year into positive territories with a surplus of $366.2M compared to a deficit of $1.65B by August 2015 and $1.42B ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit broadened by 8.52% to reach $1.94B by June 2016, versus a deficit of $1.78B in the same period in 2015. In details, in the first half of the ... read more
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