For the month of February 2022, Lebanon experienced a steady appreciation the exchange rate in the parallel market to an average of LBP/USD 21,900. This was accompanied by the approval of a preliminary ... read more
According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI), which gives an overview about the evolution of goods and services’ prices consumed by households, revealed that ... read more
According to the latest World Bank Lebanon Economic Monitor, “Lebanon Sinking: To the Top 3”, the economic and financial crisis is likely to rank in the top 10, possibly top 3, most severe crises episodes ... read more
Facing mounting pressures from the current unsustainable debt, international interference as well as weak economic growth, the Lebanese cabinet is discussing a draft austerity budget with hopes of ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon went up by 5.7% in the first five months of 2018 since the average Consumer Price Index (CPI) rose from 99.32 by May ... read more
Quick Facts: Six Lebanese Realities 50% or 1.2M tons of Lebanon’s Municipal Solid Waste, MSW, are dumped in “illegal” sites. Displaced Syrians incurred $313M in energy costs last year, or $1.33B by 2020. ... read more
According to the Central Administration of Statistics (CAS), Lebanon’s average inflation rate rose by 4.61% by May 2017 compared to May 2016. The average costs of “Housing and utilities (water, ... read more
A version of this article appeared in the print edition of The Daily Star on September 22, 2016, on page 4. Lebanon’s half absent electricity remains a major source of social and financial distress for the ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) recorded a 4.60% yearly fall to 96.37 by August compared, to last year’s 101.01. This deflationary pressure was ... read more
Rising with summer heats, periodic blackouts grew into a chronic disease obstructing the daily lives of Lebanon’s citizens who suffer, each day, up to 12 hours of power cuts. Diesel generators became the ... read more
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