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Ali Hassan Khalil

Ali Hassan Khalil latest

Lebanon Central Bank To Hold Off Eurobond Swaps
January 16th, 2020 - 08:16 GMT

Lebanon Central Bank To Hold Off Eurobond Swaps

Lebanon’s caretaker finance minister has asked the central bank governor to hold off on a proposed swap of 2020 Eurobonds after ratings agencies warned it could constitute a selective default, a source familiar with the matter told Reuters on Wednesday. The central bank has proposed that Lebanese holders of Eurobonds due in 2020 swap their holdings for longer-dated notes, a move that could ease pressure on dwindling foreign currency reserves ...
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Lebanon: Finance Minister Accuses Banks for 'Trapping' State Employees' Salaries
December 26th, 2019 - 09:43 GMT

Lebanon: Finance Minister Accuses Banks for 'Trapping' State Employees' Salaries

A Lebanese protester holds a national flag as she chants slogans during a demonstration at Riad al-Solh square near the government palace and the parliament headquarters in the capital Beirut's downtown district on November 19, 2019. (AFP/ File Photo)
November 21st, 2019 - 07:36 GMT

Hizbullah, Amal Want Hariri to Stay on as Premier in Spite of Protests

Lebanese protesters stand next to security forces near parliament headquarters in the capital Beirut on November 19, 2019. (AFP/ File Photo)
November 19th, 2019 - 10:45 GMT

Lebanese Protesters Put Parliament in Limbo

The announcement was made as thousands of demonstrators poured into Lebanon’s streets on Saturday for a third day of anti-government protests.
October 20th, 2019 - 06:00 GMT

Lebanon: Final Budget Agreed with No New Taxes

Prime Minister Saad Hariri. (AFP/ File Photo)
October 10th, 2019 - 11:36 GMT
Sally Shakkour

Lebanon's Cabinet Resumes 2020 Budget Talks

The Lebanese pound has been pegged at its current level against the US dollar for more than two decades
September 19th, 2019 - 05:30 GMT

Lebanon: Economic Growth Zero if Not Negative

Moody's downgraded Lebanon's rating to Caa1 in January.
September 12th, 2019 - 06:30 GMT

Lebanon Draft 2020 Budget Deficit Lower Than 2019’s

Predictions of Lebanon’s economic demise are not new. (AFP)
September 17th, 2018 - 08:20 GMT

Lebanon Desperate to Rationalize the Dire Economic Reality

The Banque du Liban's large gross foreign reserves maintains the Lebanese financial systems considerable liquidity buffers to weather a period of slower financial inflows or short-term outflows. (Shutterstock)
July 8th, 2018 - 10:01 GMT

Lebanese Banking System Is Stable Despite Various Challenges

The absence of a state budget since 2005 has left the country’s battered economy burdened with over $74 billion in public debt. (AFP/File)
March 31st, 2017 - 12:00 GMT

Lebanon releases first state budget since 2005, vows to reduce deficit

March 30th, 2017 - 10:10 GMT

Letter from Lebanese politicians to the Arab Summit stirs controversy, aims to undermine Aoun

Government employees and public and private school teachers have routinely protested for increased benefits and full employment. (File photo)
March 16th, 2017 - 03:00 GMT

Lebanon considers salary hikes for teachers, government employees

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