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Country risk, from the local press

Lebanon · Country watch

Fuel Prices Drop, Public Sector Strike Continues

Lebanon sees a decrease in fuel prices, while a public sector strike continues to disrupt operations.

· · 3 sources

The picture Mixed

Lebanon's business conditions are mixed as fuel prices drop, easing logistics costs, but public sector strikes and IMF negotiations continue to create uncertainty.

In this briefing Ahmad Al-Hajjar · Kleyate Airport · Ministry of Interior and Municipalities (Lebanon) · Ministry of Energy and Water (Lebanon) · International Monetary Fund · Lebanese Parliament

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

  • logistics
  • tourism

Security preparations for Kleyate Airport launch

Minister of Interior and Municipalities Ahmad Al-Hajjar chaired a meeting to review security preparations for the upcoming launch of flights at Kleyate Airport in November. The meeting focused on ensuring the safety of passengers, staff, and the airport's infrastructure, according to An-Nahar. Coordination with relevant authorities is ongoing to finalize security measures and operational plans.

Impact Airlines and travel operators can plan for increased capacity with the new airport's opening.

Watch First flights at Kleyate Airport in November

Sources: An-Nahar النهار ↗, Leb Economy ↗

Companies

Nothing significant reported today.

Markets

  • energy
  • logistics

Lebanon's fuel prices decrease, easing costs

The Lebanese Ministry of Energy and Water announced a decrease in fuel prices on Friday. The price of 95-octane gasoline dropped by 23,000 Lebanese pounds to 2,802,000 pounds, while 98-octane gasoline fell to 2,820,000 pounds. Diesel prices saw a more significant reduction of 78,000 pounds, bringing the cost to 2,614,000 pounds. The price of gas cylinders remains unchanged, according to An-Nahar.

Impact Fuel importers and logistics operators benefit from reduced costs, easing operational expenses.

Sources: Leb Economy ↗, An-Nahar النهار ↗

Trade

Nothing significant reported today.

Politics

  • finance
  • public-sector

Lebanon's IMF talks face challenges on reforms

Lebanon's financial markets are in a state of anticipation as negotiations with the International Monetary Fund (IMF) continue to face hurdles. According to An-Nahar, disagreements persist over banking reform laws and the financial gap law, which need parliamentary approval to align with international standards. The 2027 budget and medium-term financial framework are also pending, alongside structural reforms in public financial management and governance.

Impact Banks and public-sector entities face uncertainty as reforms and budget approvals remain pending.

Sources: An-Nahar النهار ↗, Leb Economy ↗

Also today in Lebanon

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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