The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. 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. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
What happens next
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
“Nobody wants a repeat of 2019, and that concentrates minds.”
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
