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Lebanon Business News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Ali Hassan Khalil

Public debt is under control. Minister of Finance denies rescheduling follow ing Moody’s warning. News from Lebanon

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The government has responded strongly to a warning issued by Moody’s, the credit rating agency.

Slowing capital inflows and weaker deposit growth increase the risk of debt rescheduling or another liability management exercise that may constit….
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Plan for $7.3 billion in treasury bonds at one percent. Deficit-to-GDP projected at 8.3 percent in 2019 draft budget. News from Lebanon

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The Ministry of Finance plans to issue nearly LL11,000 billion ($7.3 billion) in treasury bonds denominated in lira at an interest rate of one percent.

The issue will be carried out in coordination with the Central Bank (BDL) and the commerci….
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External bank transfers and forex pricing resume. Beirut Stock Exchange halts trading due to Central Bank employee strike. News from Lebanon

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The Central Bank (BDL) will carry out transactions pertaining to incoming external transfers to the private and public sectors during the ongoing strike of its employees.

This decision resulted from an agreement reached between Governor of B….
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Up to $3 billion in new Eurobonds. Preparation underway with local and international banks. News from Lebanon

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The government is preparing to issue Eurobonds worth $2.5 billion to $3 billion on May 20, said Minister of Finance Ali Hassan Khalil.

Khalil said the ministry is preparing for the new issue with local and international banks, according to Re….
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Qatar to buy $500 million in Eurobonds. Doha says it is committed to support Lebanon. News from Lebanon

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Qatar will purchase Lebanese government bonds denominated in the U.S. dollar worth $500 million, said Qatari Deputy Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman Al Thani.

“We are committed to support the Lebanese e….
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