Lebanon Economic Monitor : Time for an Equitable Banking Resolution (English)

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

Author

Krayem,Dima;

Naji Mohamad Abou Hamde;

Jamali,Ibrahim;
Document Date
2022/11/23
Document Type
Report
Report Number
177963
Volume No
1
Country
Lebanon,
Region
Middle East and North Africa,
Disclosure Date
2022/11/23
Disclosure Status
Disclosed
Doc Name
Lebanon Economic Monitor : Time for an Equitable Banking Resolution

Citation

Krayem,Dima; Naji Mohamad Abou Hamde; Jamali,Ibrahim.

Lebanon Economic Monitor : Time for an Equitable Banking Resolution (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099927411232237649

Lebanon Economic Monitor : Time for an Equitable Banking Resolution (English)

DETAILS

Citation

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