Lebanon has been recording a fiscal deficit for more than 9 years, reaching a maximum of $4.22B in 2013. The deficit narrowed by 27.18% in 2014, then deteriorated again in 2015. The slowdown in economic ... read more
Following the 27% yearly drop in 2014, Lebanon’s fiscal deficit widened by 28.62% year-on-year (y-o-y) to $3.95B by the end of 2015. This was attributed to the 11.98% yearly decrease in government revenues ... read more
Fiscal deficit, for the first 11 months of 2015, widened by 7.17% year-on-year (y-o-y) to $3.24B. This was attributed to the 5.63% yearly decrease in government revenues outpacing the 2.62% annual decline ... read more
Saudi Arabia continued to be involved in the issues of its neighboring Middle Eastern countries. In December, the Kingdom decided on an $8B investment in Egypt while Egypt is set on renewing a deal to ... read more
It was a busy last quarter in Egypt at all levels. The country completed the parliamentary elections between October and December 2015, thus concluding the 3rd and final step of its political roadmap. ... read more
Fiscal deficit, for the first three quarters of 2015, broadened 17.38% year-on-year (y-o-y) to $2.61B. This was attributed to the 8.61% yearly decrease in revenues outpacing the 2.91% annual decline in ... read more
The municipal solid waste crisis has been the main highlight of the third quarter (Q3) in Lebanon. The forceful closing of the Naameh landfill resulted in trash being piled up on the streets, with no ... read more
Fiscal deficit for H1 of 2015 showed a 33.29% year-on-year (y-o-y) expansion to $1.78B compared to the $1.34B deficit recorded H1 of last year. This was partially attributed to the 16.60% yearly decrease ... read more
Lebanon’s economic growth remained positive in 2014 despite the challenging political, security, and external environment. The Lebanese economy went through difficult times in 2014 except for the formation ... read more
Fiscal deficit for the first 3 months of 2015 showed a 14.95% year-on-year (y-o-y) contraction to $506.29M, on the back of 4.19% higher revenues and 4.35% lower expenditures, over the same period. In ... read more
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