Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
Economists expect inflation to ease into single digits by year end if the exchange rate holds. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
The wider picture
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
“This is the most consequential moment for the sector since the crisis began.”
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
What happens next
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
