BDL subsidies articles

No stimulus, no problem

No stimulus, no problem

Since 2013, Banque du Liban (BDL), Lebanon’s central bank, has announced over $6 billion in annual stimulus packages to prop up the country’s faltering economy. A range of sectors, from energy to education, have benefited from stimulus-facilitated credit, but none more so than the real estate market. Year after year, property developers and consumers have

Top