Lebanon Businessnews News
 
Economy

Local Economic Development
enables economic recovery
Kevork Baboyan
UNDP Senior Local Economic Development Officer
Economy

Remittances pick up
after two-year decline
Up three percent to $6.8 billion
Economy

EU allocates $243 million
for reforms and development
Funding targets UN agencies and NGOs
Economy

Recruitment launched for
electricity regulatory body
Board hiring precondition
for World Bank financing
Economy

Drilling in block 9
set to be done in 2023
TotalEnergies announces full mobilization
Economy

The Gold is still here
shows Central Bank audit
Inspection made upon request of IMF
Economy

$5.4 billion in assistance
from World Food Programme
Over three years, benefiting 2 million
Lebanese citizens and Syrian refugees
Economy

Household spending
expected to rise next year
Growth to be driven by remittances
and cash transfers to the vulnerable
Economy

Qatar getting ready
to partner in Block 9
Lebanese government temporarily hands
former stake of Novatek to TotalEnergies
Economy

Salaries have risen but are
still below pre-crisis levels
Pay in fresh dollars is gaining ground
Economy

State electricity price
raised to 27 cents/kWh
Almost a 70-time increase but
nearly half the cost of generators
Economy

Private sector jobs
to rise by ten percent
InfoPro survey shows that 43 percent
of Beirut-based businesses are recruiting
Economy

Human Development Index
drops below global average
Until 2019, Lebanon
had always outperformed
Economy

Unemployment rate
hits almost 30 percent
Youth joblessness doubles
compared with 2018-2019
Economy

$3.2 billion sought by Gov’t
to ease Syrian crisis impact
Appeal made during launch of
Lebanon Crisis Response Plan
Economy

Gov’t recovery plan:
Everyone opposes it
Controversy over the fate of deposits
Economy

Household spending
to resume fragile growth
First recovery since 2017 driven by
remittances, safety net and ration programs
Economy

IMF: Strong upfront actions
needed to rebuild the economy
Obtaining broad based buy-in for
multi-year program is fundamental
Economy

Registered property deals
hit highest level in a decade
Growth driven by anticipated
rise in official exchange rate
Economy

Balance of Payments deficit
narrows to $2 billion
Driven by less imports, BDL subsidies
more tourism, FX liquidity plus SDRs
Economy
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