Lebanon Businessnews News
 
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

Government is in fantasy land
said UN rapporteur on poverty
No sense of urgency for a crisis
that has brutally impoverished people
Economy

Government recovery plans
delayed by dispute with Gulf
Bank Audi: Return to GDP growth
is possible with IMF program and reforms
Economy

Ministers advised
to muzzle up and work
Presidents ask ministers to minimize talk following controversial first statements
Economy

Central Bank stops subsidy
of exchange rate for fuels
New prices to be determined by the Ministry of Energy
Economy

$370 million in aid
pledged by conference
Assistance to families and students, food and vaccines
Economy

Lower purchasing power
has cut trade deficit in half
Exports have not increased despite lira collapse
Economy

World Bank warns:
Lebanon is sinking
One of the top three crises in 170 years
Economy

Construction permits
up in numbers down in area
Beirut records largest decline
Economy

Higher target set for
cutting carbon emission
Cabinet decides 30 percent reduction by 2030
Economy
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