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Beirut’s internal and external pressures will mount

Location:

LEBANON

As a new crisis in relations with Gulf Cooperation Council (GCC) states intensifies and internal sectarian tensions mount, compromise Prime Minister Najib Mikati is pushing ahead…

Beirut may miss out on brighter growth prospects

Location:

LEBANON

The wage scale law was cast into question when a contentious tax hike law intended to fund it was annulled by the Constitutional Council on September 22, partly on the grounds…

Beirut faces a massive challenge on aid and reform

Location:

LEBANON

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…

Lebanon will struggle to turn loans into prosperity

Location:

LEBANON

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…

COVID-19 may give Lebanon’s premier a short-term boost

Location:

LEBANON

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…

Lebanon risks hyperinflation and forced dollarisation

Location:

LEBANON

It highlighted how the severe, three-year crisis has been deepened by “a failure to take much needed policy action” and “resistance from vested interests to reforms”. It also…

Lebanon’s IMF appeal will face political pushback

Location:

LEBANON

LEBANON: IMF appeal will face political pushback

Oil hopes could distract Bahrain from urgent reforms

Location:

BAHRAIN

Hydrocarbons in Bahrain’s economy.