The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors. Investors have been watching the negotiations closely, with yields on the 2030 notes narrowing by 40 basis points this week.
Critics argue the timeline is unrealistic and that the burden will fall disproportionately on small depositors. The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.
What happens next
The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial. Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.
“The numbers are moving in the right direction, but the margin for error is thin.”
Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said. Bankers who spoke to Beirut Financial described the mood as cautiously optimistic, with liquidity improving month on month.
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.
