May Crisis Update

May Crisis Update

Key Takeaways: Lebanon held national elections on May 15, the first since the country’s economic crisis began in 2019 and the August 2020 Beirut port blast. No parliamentary block or political alliance won a clear majority, unlike in the previous parliament....
April Crisis Update

April Crisis Update

Key Takeaways: The Lebanese Pound (LBP) depreciated in April to 27000, likely due to an increase in LBP in circulation and reduced Sayrafa injections. This possibly marks a shift in the Central Bank policy since January of stabilizing the LBP within the 20-25000...