Fiscal Balance in Lebanon

Lebanon Fiscal Balance | Economic News & Forecasts

Lebanon - Fiscal Balance

Economic growth likely remained anemic in Q4 2018 as construction permits and cement deliveries decreased. However, the Central Bank’s monthly economic activity index ticked upwards in Q4 compared to Q3. Meanwhile, parliament backed the new government’s mission statement in mid-February and the cabinet reaffirmed its commitment to reforming public finances and the economy. This should prop up investor confidence in the ailing economy and help unlock vast sums of donor funds pledged at a Paris conference last April. Commenting on developments, Moody’s stated in early February that the formation of the government was positive for the country’s credit rating, although downside risks remain abound.

Lebanon - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-8.7  -6.0  -7.3  -9.2  -7.3  

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Lebanon Fiscal Balance Chart

Lebanon Fiscal
Note: Fiscal balance as % of GDP.
Source: Ministry of Finance.

Lebanon Facts

Exchange Rate1,5080.0 %Mar 11
Stock Market9760.37 %Mar 11

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