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Lebanon Economic Monitor - Downside risks materialize (Английский)

A new domestic political stalemate has developed while spillovers from the Syrian conflict further exacerbated. A mid-year lull in the security situation gave a temporary boost to consumer and investor sentiment. Lebanon’s current account deficit remains elevated, albeit lower than during the pre-crisis period. Lebanon’s fiscal position continues to deteriorate. Banque du Liban maintained an expansionary monetary stance to support the economy, while...
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