Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote. A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.
What happens next
Much depends on whether the government can hold its coalition together long enough to pass the legislation. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
“Nobody wants a repeat of 2019, and that concentrates minds.”
Much depends on whether the government can hold its coalition together long enough to pass the legislation. The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier.
Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
