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The Role of the Banking Sector in the Growth of Lebanese Economy

The economy of a country is usually supported and boosted by the Government. In Lebanon, instead, the Central Bank or Banque du Liban has taken on the role for years now, due to the long governmental inactivity and the political impasse.

The recent formation of a national unity government – after the longest presidential vacancy in the country’s history  – generated hope worldwide towards a new start for the country to get back on track both at the local and the international level. Nonetheless, Banque du Liban still plays an important role.

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The Role of the Banking Sector in the Growth of Lebanese Economy