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
In its latest report on exchange rate unification published on 21 April 2021, the IIF surveys briefly the experiences of 12 countries with multiple exchange rates. The report argues that the parallel ... read more
Lebanon’s currency collapsed after escalating political and financial crises, with limited inflow of foreign currency. According to the Central Administration of Statistics (CAS), the Consumer Price Index ... 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
Moody’s assigned a sovereign credit rating of C to Lebanon. The C rating reflects Moody’s “assessment that the losses incurred by bondholders through Lebanon’s current default are likely to exceed ... read more
The Central Administration of Statistics (CAS) revealed that Lebanon’s monthly inflation rate surged from 11.4% and 17.5% in Feb. and March 2020, respectively, to reach 46.6% in April and a record-high of ... read more
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