Abstract Lebanon’s fiscal performance weakened considerably in 2018. The country lost the primary surplus to a primary deficit and recorded a 10-year high fiscal deficit of $6.25B. The exacerbated fiscal ... 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
Lebanon’s fiscal deficit expanded from $3.38B by November 2017 to $5.81B by November 2018 according to the records of the Ministry of Finance. This was attributed to a 21.8% yearly increase in government ... read more
Figures released by the Ministry of Finance show that Lebanon’s gross public debt reached $85.25B by the second month of 2019, thereby recording an annual uptick of 4.57% when compared to the gross public ... 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
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