Newly issued public debt yields to market conditions. New cabinet would be major first step to easing pressures

The banking system will be able to finance the external funding gap over the next two to three years with existing foreign exchange liquidity, according to a report by Goldman Sachs released this month.

This will be achieved through the financial engineering operations of the Central Bank (BDL), the U.S.-based global investment bank said in the report, titled 'How long can Lebanon finance its deficitsæ'

"Beyond [the three-year] time horizon, the risk of a forced external adj...

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