Revival and Reform – IMF’s Lebanon Rescue Process

In a promising first step, the Lebanese government requested the International Monetary Fund (“IMF”) to provide…

The Lebanese Government’s Draft Reform Program

You can read the document below or download it directly (link updated) This memorandum highlights the Lebanese government’s…

The Real Inflation Cost on Importers & Producers

Is it a natural and justified phenomena considering the devaluation of the LBP in the exchange…

The ABL plan: A Back Door to Privatizing State Assets

If you cut through the noise, the ABL recovery plan released May 20, 2020 is simply a back-door…

What Country is the Most Exposed to a Fall in Remittances?

Lebanon is the most exposed among Emerging Markets to a fall in remittances. With oil prices…

BDL Wants to Keep International Aid Money

BDL appears to be proposing that all official international humanitarian aid (~$1.5bn in 2021) be channeled…

Eurobonds: Not an Internal Affair anymore (Updated!)

Amid the ongoing debate & indecision in Lebanon over repaying the March bond, foreign funds have increased their…

Central Bank Reserves Depleting, but Can it Stop the Subsidy in 3 months?

This has been BDL’s position for a while but hard to see how it‘ll resist the…

النسخة العربية من عقد التدقيق الجنائي المبدئي لأنشطة مصرف لبنان وحساباته

This is a translated version in Arabic, you can read below or download it from the…

The Disastrous Multiple Exchange Rate Regime

20 tweets, 6 min read This system is rarely covered as it is complicated & applied…