The month of January 2021 witnessed a further deterioration of the economic conditions in Lebanon. Besides the usual suspects of exchange rate depreciations and liquidity constraints etc.., the country ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.53B by August 2020, down from last year’s $2.95B. In detail, the substantial deficit is attributed ... 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 same period last year. In fact, the national developments since ... 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 deficit is attributed to a 4.81% annual decline in government ... read more
The Lebanese economy has been struggling during H1 2019. The pressure has been rising to handle the large twin deficits and the very high level of public debt. The Lebanese private sector continued to ... read more
According to the latest figures by the Ministry of Finance (MoF), Lebanon’s cash basis -fiscal deficit fell from $2.92B by May 2018 to $2.39B in the first five months of 2019. The improvement in the ... read more
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
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
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