Data released by the Ministry of Finance (MoF) revealed that personnel costs climbed by a yearly 4.2% to stand at $1.22B during Jan./Feb.2020. Personnel costs were mainly inflated as a result of the annual ... read more
The Association of Car Importers in Lebanon (denoted as AIA) recently shared its automotive report in which it explains that the industry is currently facing the “risk of closing companies of importers of ... read more
According to the balance sheet of Banque du Liban (BDL), the central bank’s Total assets added 6.6% since year-start, to reach $150.7B in mid-June 2020. The increase was mainly a result of the 26% annual ... read more
The data released by the Ministry of Finance (MoF) recently indicated that Lebanon’s gross public debt hit $92.42B by March 2020, thereby recording an annual 7.2% uptick. The increase is mainly attributed ... read more
The latest statistics on activity at the Port of Beirut revealed an annual slump of 46.7% in the revenues of the Port of Beirut (PoB) to $45.8M by May 2020. In detail, Total container activity including ... read more
Tourism activity in Lebanon continued its downward trend in the first four months of 2020. Tourists were discouraged from traveling to Lebanon since the eruption of October 2019 protests which raised the ... 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
Lebanon officially asked the IMF for a financial lifeline on May 01st. The Lebanese government began its negotiations with the International Monetary Fund (IMF) after presenting a detailed financial rescue ... read more
An article published in Annahar newspaper on May 27th 2020 highlighted a study by Information International Sal[1] that attempts to tackle the development of an eminent socio-economic indicator: Lebanese ... 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
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