Lebanon’s economic and political crisis is worsening, as currency depreciation, political instability, lack of reform, corruption and anti-refugee sentiment continue to plague the country.
IMF warns Lebanon crisis will intensify as corruption, paralysis continue
Lebanon’s economic and political crisis is worsening, as currency depreciation, political instability, lack of reform, corruption and anti-refugee sentiment continue to plague the country.
IMF says that without reforms, Lebanon faces ballooning inflation and public debt
An International Monetary Fund report on Lebanon’s economic situation released Thursday warns that without reforms, the small, crisis-ridden country will continue to see triple-digit inflation …
Bangladesh ready to face Kuwait in SAFF semis on Saturday
Bangladesh entered into the SAFF semis after a long 14 years. Despite having a frustrating start against Lebanon by the 0-2 goals, they became runners-up in the four-team Group B with two back-to-back …
10 most expensive homes sold in Lebanon County, June 19-25
A house in Lebanon that sold for $765,000 tops the list of the most expensive residential real estate sales in Lebanon County between June 19 and June 25.
World Bank approves $200m financing for Lebanon’s agricultural sector
“The global rise in the prices of fertilisers and fuel, compounded by the foreign exchange crisis in Lebanon, has severely impacted agricultural production,” the World Bank said. “Farmers and …
10 most expensive homes sold in Lebanon County, June 12-18
A house in Newmanstown that sold for $2.7 million tops the list of the most expensive residential real estate sales in Lebanon County between June 12 and June 18.
IMF Warns Lack Of Lebanon Reforms Jeopardises Stability
The International Monetary Fund warned in a report Thursday that Lebanon’s failure to implement reforms could have “irreversible” consequences for the crisis-hit country and risks jeopardising …
Lebanon: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lebanon
Lebanon’s severe and multifaceted crisis, triggered by sizable deposit outflows and followed by the country’s first ever external public debt default, has been raging for more than three years. It was …
IMF Warns Lack Of Lebanon Reforms Jeopardises Stability
The International Monetary Fund warned in a report Thursday that Lebanon’s failure to implement reforms could have “irreversible” consequences for the crisis-hit country and risks jeopardising …