By Invitation: Dr Azar is Full Professor, Faculty of Business Administration and Economics, Haigazian University. The views expressed in this note are his and do not necessarily reflect the views of ... read more
The data released by the Ministry of Finance (MoF) recently, indicated that Lebanon’s gross public debt hit $97.77B in April 2021, thereby recording an annual increase of 5.3%. The rise is mainly ... read more
According to the latest World Bank Lebanon Economic Monitor, “Lebanon Sinking: To the Top 3”, the economic and financial crisis is likely to rank in the top 10, possibly top 3, most severe crises episodes ... 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
Credit rating downgrades on Lebanon and its banks during of February 2020 weighed down on future business expectations. February’s PMI results revealed a stark pessimism in the private sectors’ sentiment ... read more
The latest data released by the Lebanese Ministry of Finance (MoF) revealed that Lebanon’s gross public debt jumped by an annual 7% to amount to $89.5B in the first eleven months of 2019. In details, debt ... read more
Lebanon’s cash-basis fiscal deficit narrowed from $4.51B in the third quarter (Q3) of 2018 to $3.59B in Q3 2019. The smaller deficit comes as a result of the 8.30% yearly decline in government spending, ... read more
Preface “This time is different because the shock does not have a limited time span.” Six years after publishing this paper on May 31st 2013, Lebanon is facing its most severe financial and economic ... read more
According to the data released by the Ministry of Finance (MoF), Lebanese gross public debt increased by an annual 3.6% to settle at $87.09B by October 2019. In details, local currency debt (denominated in ... read more
A lot of rumors have been circulating lately regarding the economic situation in Lebanon. Every citizen, whether an economic expert or not, is worried about the liquidity in the system and is trying to ... read more
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