Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
Background
Economists expect inflation to ease into single digits by year end if the exchange rate holds. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
“Capital follows credibility, and credibility is finally being rebuilt.”
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
What happens next
Much depends on whether the government can hold its coalition together long enough to pass the legislation. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
Economists expect inflation to ease into single digits by year end if the exchange rate holds. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
