A version of this article appeared in the print edition of the Daily Star Newspaper on the 29th of March 2019. The slump in the Lebanese economy is no surprise. Real GDP growth is estimated to have ... read more
Foreign direct investment (FDI) is considered as one of the important contributors of economic growth and development especially for developing countries.In recent years, FDI in Lebanon started to slow ... read more
The ripples of the Lebanese economic slowdown vary from sector to sector. Tourism was hit by the absence of hefty Gulf spenders but was able to adapt to the new segment of European tourists by offering ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) increased from 46.5 in January 2019 to 46.9 in February as output and new orders declined at a slower pace, the slowest in a year. On January 31st the ... read more
Given the slow economic conditions in Lebanon, the number of Kafalat loan guarantees slumped yearly by 43.94% by December 2018 to reach 310. Accordingly, the overall value of the guarantees dropped by ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) rose from 46.2 in October 2018 to 46.7 in November 2018, on account of slower declines in output and new orders since February. Accordingly, the implied ... read more
The recent gridlock around the formation of a government is hurting confidence. According to the Central Bank of Lebanon, the growth in total private sector deposits slowed from 7.2% in 2016 to 3.8% in ... read more
The BLOM Lebanon Purchasing Managers’ Index (PMI) rose from 45.8 in September to 46.2 in October 2018, on account of softer contractions in output, new orders and new exports. Hence, the GDP growth implied ... read more
During the week ending October 18, Broad Money (M3) shrank by a weekly LBP 309B ($205M) to stand at LBP 211,342B ($140B). As such, M3 rose by an annual 1.03% and by 1.56% since December 2017. In fact, ... read more
The Lebanese olive oil sector faces several challenges. Olive oil in Lebanon now has its own genomic imprint, yet traders and cooperatives are not willing to use it. Most probably in cheating in olive oil ... read more
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