According to the Ministry of Finance, transfers to EDL witnessed a significant yearly increase of 37.87% to reach $ 1.23B by September 2018. In details “Payments to fuel and oil gas suppliers KPC and SPC” ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit expanded from $2B by September 2017 to $4.50B by September 2018. In fact, fiscal revenues witnessed an annual increase of 3.16% to reach ... read more
According to the Ministry of Finance, Lebanon’s fiscal deficit expanded from $907.59M by June 2017 to $3.04B by June 2018. In fact, fiscal revenues witnessed an annual decrease of 1.97% to reach $5.94B ... read more
According to the Ministry of Finance , Lebanon’s fiscal deficit expanded from $844.73M by April 2017 to $1.91B by April 2018. In fact, fiscal revenues witnessed an annual increase of 3.44% to reach $3.81B ... read more
The fiscal balance of Lebanon, an oil-importing economy, managed to record a larger primary surplus and a smaller deficit in 2017 even though international oil prices rose to an average price of $54.73 per ... read more
Lebanon’s fiscal deficit widened from $161.58M by February 2017 to $865.03M in the first two months of 2018 mainly due to three factors: the passing of the public sector pay hikes in Q4 2017, the ... read more
A version of this article appeared in the print edition of The Daily Star on May 31, 2018, on page 4. The parliamentary elections are over, but the economic challenges facing Lebanon are still there ... read more
Lebanon’s fiscal deficit narrowed by 24% year-on-year (y-o-y) to $3.76B by December 2017. This was attributed to the 17.15% yearly increase in fiscal revenues, to $11.62B, outpacing the 3.45% annual rise, ... read more
Lebanon’s fiscal deficit narrowed by 25% year-on-year (y-o-y) to $2.50B by the October 2017. This was attributed to the 12.86% yearly increase in fiscal revenues, to $9.62B, outpacing the 6.34% annual ... read more
According to the Ministry of Finance, transfers to EDL rose by LBP 397.45B ($263.65M) to stand at LBP 1,350B ($895.5M), compared to LBP 952.16B ($631.6M). This rise mainly resulted from the increase in ... read more
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