Lebanon ranked 10th in the Arab region and 87th globally in the 2020 Global Innovation Index with a score of 26.02.
Lebanon’s CPI soared by 120.03% to 230.53 in August 2020, compared to 108.51 a year earlier as all index constituents saw a significant rise in their respective prices.
The share of Lebanese banks of LBP-denominated debt fell to 27.7% in July 2020, down from 27.8% in June.
The Lebanese Central Bank’s balance sheet conveys some $292.14 million contraction in foreign currency reserves during the first half of September 2020 to $23.14 billion, down from $23.43 billion a fortnight earlier.
