The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. 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. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
Why it matters
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
“Capital follows credibility, and credibility is finally being rebuilt.”
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
Market reaction
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
