The fallout from the Syrian civil war has put a brake on Lebanon’s economy over the past eight years. With a new government promising comprehensive reforms and billions of dollars in international funding on the way, however, the prospect is suddenly looking much brighter.
Central bank backs Lebanon’s economic reform agenda
Lebanon’s central bank has kept the economy on an even keel against a backdrop of political and economic turbulence. Now governor Riad Salamé is looking forward to supporting a new era of growth.
Lebanon’s banks look set to reap rewards of political stability
Over the past decade, Lebanon’s banks have increasingly looked overseas for growth. Now the return of political stability, promises of an infrastructure boom and increasing demand from customers for digital banking are drawing their attention back home.
EBRD eyes Lebanon’s infrastructure gap
Lebanon’s ambitious infrastructure development programme offers ample scope for the EBRD to leverage its technical expertise, financing capabilities and private-sector reach, country head Gretchen Biery tells Lucy Fitzgeorge-Parker.