Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
USD/LKR327/328
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

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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