Economic | إقتصاد

Lebanon's public debt is about $80 billion, and the country is on the verge of collapse. The way Lebanon runs its economy is outdated as it relies heavily on attracting...

With a projected 2020 Real GDP decrease of 12% and a projected inflation rate of 17%, the Lebanese government has sought the help of The International Monetary Fund (IMF) to...

Riad Salameh was selected as Governor of Lebanon’s Central Bank in 1993 and was reappointed for four consecutive terms. His reputation is renowned with a multitude of awards up his...

Lebanon is facing its worst economic crisis in a generation, and the situation has been exacerbated with the spread of coronavirus. The country is now paying for years of prevalent...

The government’s long awaited plan to rescue Lebanon’s destroyed economy was released to mixed reviews. In a meeting chaired by the President, political parties supporting the plan claimed that is...

“A great day of European solidarity.” This is how the German Finance Minister, Olaf Scholz, commented on the deal reached on the 9th of April between the Eurozone finance ministers....

The Lebanese pound recently recorded an unprecedented drop in its value, crossing the 3500 LBP per one US dollar threshold on the black market, while the official exchange rate is still fixed...