According to BDL’s latest monetary report, the BOP recorded a cumulative deficit of $1.09B in the first quarter of 2020, compared to a deficit of $2.15B in Q1 last year. Accordingly, Net foreign Assets ... read more
The total number of cleared checks in the Lebanese financial system slumped from 2.65M checks in Q1 2019 to 1.85M checks in Q1 this year, as per the data published by the Association of Lebanese Banks’ ... read more
Lebanon’s Purchasing Managers’ Index hit an all-time low, as did the USA’s and most global markets’ PMI. Lebanon’s BLOM PMI expectedly slumped to lows of 30.9 in April 2020 as a result of business closures ... read more
According to the central bank’s (BDL) balance sheet, Total assets increased by 4.5% year-to-date (YTD) to reach $147.7B in mid-April 2020. The breakdown of the balance sheet links this uptick to a notable ... read more
According to Lebanon’s Central Bank (or BDL), the Balance of Payments (BOP) recorded a deficit of $505.3M in the second month of the year, compared to a deficit $1.9B in the same period last year. In ... read more
During the first month of 2020, Lebanon’s trade deficit totaled $820.5M, narrowing from the $1.17B registered in the same month last year. In fact, total imported goods retreated by 18% year-on-year (YOY) ... read more
Looking at Lebanon’s real estate activity, we infer that the number of real estate transactions in January 2020 added 27.3% totaling 4,668 transactions. However, the upbeat figures only take into account ... read more
MACROECONOMIC OVERVIEW Lebanon was in a state of “economic recession” in 2019. GDP growth dipped into negative territory in the consecutive quarters Q1 and Q2 of 2019. During the period, a political ... read more
Treasury transfers to Electricite du Liban (EDL) slipped by an annual 5.2% (or the equivalent of $72.15M), to stand at $1.31B in the first ten months of 2019 as per the latest data published by the ... read more
The latest data provided by the Lebanese Ministry of Industry (MoI) revealed that the value of total industrial exports fell by 2% year-on-year (YOY) to stand at $2.5B in 2019, compared to an uptick of ... read more
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