Towards the end of year 2020, Governor Salameh mentioned in an interview that “Lebanese households hoard $10 billion in cash”[1]. That Lebanese households should hoard dollars in a crisis that is ... read more
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
The IMF’s World Economic Outlook released in October 2020, offers an oversight of the Global economy; the rekindling of the economic activity amidst the pandemic across advanced and emerging market ... read more
The Central Administration of Statistics (CAS) recently published the national accounts report for 2018, which revealed that Lebanon’s real GDP growth fell by 1.9%, marking the first significant drop since ... read more
The question that everybody keeps on asking is: is there still a way out of the current crisis or are we going to fall into an abyss with an intense deterioration of all economic indicators that may lead ... read more
The Lebanese economy has been struggling during the first 3 months of 2019 over a stagnating economy, uncertainty around the operating environment and growing geopolitical tensions in the region. The BLOM ... read more
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved economic growth, and higher deposit inflows in the ... read more
Foreign direct investment (FDI) is considered as one of the important contributors of economic growth and development especially for developing countries.In recent years, FDI in Lebanon started to slow ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) registered 46.0 in June 2018 compared to 46.4 in May 2018. In fact, Lebanese private sector businesses have been citing local and regional political ... read more
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