Lebanon Businessnews News
 
Economy

Government lineup
full of PhDs and experts
Political parties represented partially and indirectly, including 5 women
Economy

Marwan Iskandar
passes away
Leading economist, banker, author, and advisor
Economy

Port of Beirut activity
unfazed despite of war
Significant growth in revenues
Economy

$300 million surplus in
2024 budget against all odds
Resumption of debt servicing and payment of arrears
Economy

Foreign leaders promise
political, economic support
Agreements with KSA being readied to be signed
Economy

$258 million from World Bank
to improve water supply
Targeting Beirut and Mount Lebanon
Economy

Block 8 seismic survey deal
awarded to Norway firm TGS
Postwar hopes to attract French and US bidders to third licensing round
Economy

GDP to shrink six percent
says World Bank gloomy report
$4.2 billion loss in foreign trade and consumption
Economy

InfoPro releases
survey on war losses
First post cease fire report
Covers humanitarian, economy, and business
Economy

IMF revises up 2023 GDP
by 50 percent to $24 billion
Fiscal deficit reduced to 0.4 percent
Economy

FAO and WFP warn war
worsens acute food insecurity
Families curtail number of meals and buy lower-quality foods
Economy

$8.5 billion in war
damages and losses
World Bank estimates that final tally will be much higher
Economy

$1 billion pledged
at Paris conference
$800 million for humanitarian needs and $200 million for security forces
Economy

GDP to shrink by nine percent
as per UNDP’s rapid appraisal
Unemployment to rise to 33 percent
Economy

Private sector asking for
measures by government
Action needed to preserve scarce liquidity
Economy

$383 million in aid
so far being pledged
Countries and organizations also providing in-kind assistance
Economy

S&P sees more lira collapse
data shows monetary power
Dollar reserves are 16 times local money in circulation
Economy

Electricity production
increases by 42 percent
Tariffs raised to near production cost
Economy

€1 billion EU grant to
deal with Syrian refugees
Targeting education, social security, and healthcare
Economy

19,600 vacancies in
public administration
Only 20 percent of skilled employees remain in critical positions
Economy
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