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Lebanon timeline
17
Transcript
Timeline
Lebanon´s Economic Crisis
2008
2008: Highly Attractive Interest Rates
Strategic Investment
$30BN
Social safety net
High Interest Rates
Customer's $ lent to BDL
2008-2017
2008-2017
75%x 94Bn
2017
End of 2017
Increase in Interest Rates
Lending to Private Sector
Deposits begin to Collapse
Negative GDP
2019
Servicing Debt
Public Salaries
2019
Holding's Decrease to $29Bn
Trade Balance
Lebanese Pound Under Pressure
Productive Sectors
Overvalued Exchange Rate
2020
2020
Stagflation
Economic Growth
Inflation
Unemployment
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