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Lebanon ranks 91st globally in investment

5-6-2018

Lebanon ranked in 91st place globally among 170 countries and 10th among 18 Arab countries on the Milken Institute’s Global Opportunities Index (GOI) for the year 2017. Lebanon also came in the 25th place among 46 upper middle-income countries covered in the survey. To note, the GOI assesses the attractiveness of investment prospects in 170 states and assists governments in identifying key business, legal and regulatory policies that could be modified in order to support and attract direct foreign investments and investments in the financial markets. It scales a country from zero to 10, with 10 representing the most favorable countries for investment. According to GOI outcomes published in Byblos Bank’s Lebanon This Week, Lebanon is positioned ahead of Bosnia and Herzegovina, the Bahamas and Zambia, but behind Morocco, Kenya and Paraguay among economies with a USD 10 billion or more GDP. Lebanon also ranked ahead of Egypt and came behind Morocco among Arab states. (An Nahar, June 5, 2018)

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