Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Lebanon reaches agreement with IMF to infuse USD 3Bn

InternationalMay 24, 2022
Lebanon reaches agreement with IMF to infuse USD 3Bn
Acceleration of capital outflows led to the Lebanon's sovereign default in March 2020. After two years, Lebanese authorities has agreed for IMF program to implement a host of reforms, including restructuring the country’s collapsed banking sector, improving transparency mechanisms, forensic audit on countries' Central Bank and reforming state-owned enterprises, particularly in the energy sector.

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