Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
The wider picture
Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
“The numbers are moving in the right direction, but the margin for error is thin.”
The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. Economists expect inflation to ease into single digits by year end if the exchange rate holds.
A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors. Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.
Key details
The announcement lifted shares in the sector by as much as four percent in early trading. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
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.
Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
