Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.


Alain Bifani

Primary surplus in public budget. Debt to GDP is declining


The fiscal deficit has widened so far this year, but a primary surplus has been registered, according to Alain Bifani, Director General of the Ministry of Finance (MoF).

The fiscal deficit widened by 33 percent to reach $1.7 billion in the fi….
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Primary surplus in public budget. Debt to GDP is declining, but more reforms are needed


The banking sector has been a main support to finance the State’s needs and reduce the burden of high public debt, according to the Ministry of Finance (MoF).

Banks have foreign currency reserves worth $65 billion, representing 93 percent of….
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