January 4 – January 22, 2021
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Revival 2021 plan launched by InfoPro
A comprehensive economic program
InfoPro has launched ‘Revival 2021’, a full-fledged program aimed at advancing out-of-the-box measures that address the country’s extraordinary circumstances. It is an emergency proposal for the short-term (five years). It builds on previous editions of the plan, first presented at the onset of the crisis, and updated since periodically.

“This plan should be evaluated in its totality, in terms of its overall impact. The major economic challenges can no longer be dealt with one-by-one, in a ‘retail’ manner. The approach needs to be ‘who
New car sales drop 72 percent to below 6,200
Access to foreign currency denied even for spare parts
Real estate sales double to $14 billion
82,000 sales transactions recorded
Port of Tripoli selected as terminal by CMA CGM
Ten additional vessels per month
4.8 million vaccine doses are already under contract
Negotiations underway for additional quantities
Solidere sales hit $393 million
Bank debt now fully repaid
BLOM agrees to sell Egypt unit
Deal valued at around $427 million
Invoices and VAT fees must be issued only in lira
Ministry of Finance warns of fines and legal action
The lira will be floated pending program with IMF
Riad Salameh:The peg is over
Foreign currency operations to be booked at market rate
There is no official reference for actual exchange value
Bank Audi absorbs private and investment subsidiaries
Merger eliminates duplication and reduces operating expenses
Port reform strategy proposed by the World Bank
Private sector involvement is required
Other local and international press coverage
on business and economic stories on Lebanon

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