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.
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Much depends on whether the government can hold its coalition together long enough to pass the legislation.
Background
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.
“Capital follows credibility, and credibility is finally being rebuilt.”
The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule. Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.
The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
Market reaction
Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.
Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
