According to the Ministry of Finance, transfers to EDL rose by LBP 397.45B ($263.65M) to stand at LBP 1,350B ($895.5M), compared to LBP 952.16B ($631.6M). This rise mainly resulted from the increase in ... read more
According to the ministry of Finance, in August 2017, transfers to EDL reached LBP 318.20B ($211.08M). Indeed, transfers rose considerably by LBP 482.86B ($320.30M) between Jan-August 2016 (LBP 785.71B) ... read more
According to the Ministry of Finance, transfers to EDL rose substantially to stand at LBP 545.66B ($361.96M), compared to LBP 316.89B ($210.21M) This rise mainly resulted from the increase in payments to ... read more
According to the Ministry of Finance, transfers to EDL doubled the first 2 months of 2017, compared to the same period last year, reaching LBP 309.07B ($250.02M). This rise mainly resulted from the ... read more
According to the Ministry of Finance, transfers to EDL reached $926M by the end of 2016, substantially lower than the $1.13B transferred over the same period in 2015. This decline mainly resulted from the ... read more
According to the Ministry of Finance (MOF), treasury transfers to EDL (Debt service and reimbursement of gas and fuel purchases) totaled $819.8M in the first eleven months of 2016, 22.3% lower than the ... read more
The collapse in global crude oil prices since June 2014 had a significant impact on economies, governments and business. Lebanon was no exception to this rule. One of the local markets to bear the brunt of ... read more
At 16:15 Beirut time, the Euro was quoted at €/$ 1.1175, the equivalent of €/LBP 1,684.63, appreciating by 0.18% against the US Dollar. The euro edged higher on Tuesday as investors’ appetite for risk was ... read more
The prominent trends of both the depreciating Euro and falling international oil prices are the main factors behind the tightening of Lebanon’s trade deficit since the start of the year. Lebanon’s trade ... read more
According to the Ministry of Finance, transfers to EDL reached $386.43M up to April 2015, significantly lower than the $731.84M over the same period in 2014. Excluding EDL’s debt service, the ... read more
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