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1 – 10 of 19Israel’s war with Hamas is taking a growing toll on the economy mainly due to labour shortages. The economy has recovered quickly from previous short wars, but this conflict…
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DOI: 10.1108/OXAN-DB283437
ISSN: 2633-304X
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Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…
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DOI: 10.1108/OXAN-DB273730
ISSN: 2633-304X
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The audit and wider structural economic reforms are preconditions for urgently needed foreign aid. Economic conditions in Lebanon are still worsening, with power cuts, food…
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DOI: 10.1108/OXAN-DB260652
ISSN: 2633-304X
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Lebanon won aid pledges exceeding eleven billion dollars on April 6 during a conference in Paris, named CEDRE, that aimed to rally international support for a massive investment…
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DOI: 10.1108/OXAN-DB232207
ISSN: 2633-304X
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After six weeks of protests that began when the government tried to cut its fiscal deficit by increasing indirect taxation and reducing public services, Lebanon is now rapidly…
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DOI: 10.1108/OXAN-DB249243
ISSN: 2633-304X
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The insurance costs for Lebanon’s sovereign bonds rose rapidly in September, reflecting both general unease among investors in emerging markets and specific concerns about…
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DOI: 10.1108/OXAN-DB238939
ISSN: 2633-304X
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According to its Global Economic Prospects report, the bank forecast a modest increase in GDP growth in 2015 to 2.0%, up from an estimated 1.5% in 2014. Since 2011, the economy…
This came shortly after Prime Minister Hassan Diab addressed the nation, promising a 1.2-trillion-Lebanese pound (400-million-dollar) stimulus plan -- although it was unclear how…
The government has drawn up a detailed document setting out the gravity of the country’s economic plight and requesting over 10 billion dollars of additional aid from the IMF and…
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DOI: 10.1108/OXAN-DB252596
ISSN: 2633-304X
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Lebanon’s debt is reaching unsustainable levels, meaning politicians can no longer delay addressing longstanding structural fiscal and current account deficits. However, public…