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.
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.
What happens next
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
“Nobody wants a repeat of 2019, and that concentrates minds.”
Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. The announcement lifted shares in the sector by as much as four percent in early trading.
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors.
What happens next
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors.
