The road to economic recovery in Lebanon will be difficult and tough. The government should take bold steps and implement a recovery plan that should tackle many important points. One of the most ... 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
In a report on Lebanon released on 16 September 2021, the IIF noted that a “new cabinet was formed, after a 13-month political vacuum, with key ministries shared between sectarian political parties. ... read more
For the month of August, President Michel Aoun and Prime Minister-designate Najib Mikati have met several times to agree on a new cabinet with no end result. However, as of last week, President expressed ... read more
After a delay in government formation efforts, Lebanon’s economy is expected to contract further in 2021, in addition to drops in private consumption and exacerbating economic, exchange rate and debt ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s total assets added 4.04% compared to last year, to reach $153.7B by mid-April 2021. Reasons behind the increase include the 2.77% ... read more
According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $10.2B by November 2020, compared to a deficit of $5.85B over the same period last year. Accordingly, Net foreign Assets ... 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
While the rest of the world moves beyond Coronavirus measures, Lebanon struggles to grapple with dual crises. Most nations began to overcome the standstill generated by the notorious pandemic. This is ... read more
Abstract Lebanon can no longer ‘pull a rabbit out of the hat’. The protests of October 2019 exposed enormous underlying fragilities. The events expedited a financial, economic, security and social crisis ... read more
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