The announcement lifted shares in the sector by as much as four percent in early trading. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
Background
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.
“Capital follows credibility, and credibility is finally being rebuilt.”
Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. The announcement lifted shares in the sector by as much as four percent in early trading.
Background
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.
