Month of September held some positivity after the formation of the long awaited government, followed by the confidence votes at UNESCO palace Read More
Tags :debt
According to the latest World Bank Lebanon Economic Monitor, “Lebanon Sinking: To the Top 3”, the economic and financial crisis is likely to Read More
Moody’s assigned a sovereign credit rating of C to Lebanon. The C rating reflects Moody’s “assessment that the losses incurred Read More
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $94.81B in September 2020, thereby Read More
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
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 Read More
It is time for the long-awaited national decision. The Lebanese government is expected to make a decision by March 07th 2020 by which Read More
Credit rating downgrades on Lebanon and its banks during of February 2020 weighed down on future business expectations. February’s PMI results revealed Read More
Abstract There is no international framework or sovereign law today that forces any country to undergo a debt restructuring or resort to Read More
The fiscal deficit (on cash basis) of Lebanon narrowed from $3.38B in the first 8 months of 2018 to $2.95B by August 2019. The reduced Read More
