The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon’s economy, the Lebanese Pound continues to depreciate sharply. The sharp deterioration in the currency continues to drive surging inflation, in triple digits since July 2020, impacting the poor and vulnerable the most. An unprecedented...
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DETAILS
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2022/11/23
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Report
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177963
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1
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2022/11/28
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Disclosed
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المرصد الاقتصادي للبنان : حان الوقت لقرار مصرفي عادل - ملخص تنفيذي
Citation
World Bank.
المرصد الاقتصادي للبنان : حان الوقت لقرار مصرفي عادل - ملخص تنفيذي (Arabic). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099515311282211609