
The diaspora tests a regional logistics hub
Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.
Wednesday 23 September 2026 · Beirut 19:16
19 articles

Regional peers have moved faster, and the gap is becoming harder to ignore, one former adviser said.

Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.

A spokesperson declined to comment on the size of the facility, citing ongoing discussions with creditors.

The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.

The plan sets out three phases, beginning with an audit of balance sheets and ending with a recapitalisation schedule.

Analysts caution that the outlook remains tied to the pace of structural reforms and the political calendar.

The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors.

Officials say the measures could take effect before the end of the quarter, although parliament has yet to schedule a vote.

The deal would be the largest of its kind in the country since 2019, according to data compiled by Beirut Financial.

Remittances remain the single largest source of hard currency, accounting for roughly a fifth of national income.

Executives said demand from Gulf clients had exceeded expectations, prompting plans for a second facility in Tripoli.

The programme includes technical assistance from the World Bank and a monitoring framework agreed with donors.