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Moody's rating agency suggested that the passage of two crucial decrees pertaining to gas exploration could improve Lebanon's rating.The Cabinet passed on Jan. 4 two decrees that are essential for the launching of the offshore gas exploration.Moody's stressed that the importance of the unity government and broad political support for key economic issues.Moody's expressed hope that the potential gas reserves would achieve a better economic growth.It added that the prospects of gas exploration in the future would ultimately boost the investors' confidence in Lebanon.
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