The deficit of the balance of payments doubled last year to $3.35 billion at the end of 2015 according to the Central Bank (BDL).
Roger Melki, Advisor to the Executive Board of Bemo Bank, attributed the widening of the deficit to the incremental effect of many factors, all leading to a waning in investor appetite.
The banking sector's capacity to attract capital has deteriorated due to higher systemic risk and domestic business opportunities have become fewer owing to the war of at...
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