According to Lebanon’s Ministry of Finance (MoF), personnel costs decreased by an annual 6.4% to reach $3.58B by July 2020 compared to the same period last year. This decrease is due to reduction in “End ... read more
According to Ministry of Finance (MoF) latest figures, Lebanon’s fiscal deficit (cash basis) stood at $2.09B by July 2020, down from last year’s $2.41B. In detail, the substantial deficit is attributed to ... read more
By July 2020, Lebanon’s trade deficit totaled $4.14B, narrowing from the $10.24B registered in the same period last year. In fact, total imported goods retreated by 50.3% year-on-year (YOY) to $6.13B by ... read more
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