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International rating agency Moody's warned again of an impending danger if Lebanon fails to take drastic measures to reduce the public debt that has reached alarming proportions.This is not the first time rating agencies and international financial organizations have expressed concern about Lebanon's rising debt. Caretaker Prime Minister Saad Hariri has pledged to take more measures to tackle public debt once the new government is formed.It added reducing the public debt and fiscal deficit is a credit challenge for the new Lebanese government.
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