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.

The announcement lifted shares in the sector by as much as four percent in early trading. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.

The wider picture

Economists expect inflation to ease into single digits by year end if the exchange rate holds. Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.

“Nobody wants a repeat of 2019, and that concentrates minds.”

Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.

The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.

Why it matters

Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income. Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.

The figures, published on Tuesday, compare with a contraction of 2.1 percent in the same period a year earlier. 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. Economists expect inflation to ease into single digits by year end if the exchange rate holds.

Much depends on whether the government can hold its coalition together long enough to pass the legislation. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.