Economist rejects claims that Lebanon avoided financial crisis
BSE lost $5 billion while Lebanese lost $10 billion in swiss banks
By Dana Halawi
Daily Star staff
Tuesday, May 05, 2009
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It is inappropriate to think that Lebanon is not affected by the global financial crisis, considering that mounting public debt will complicate matters even further, said economist Marwan Iskandar. "We cannot get rid of the public debt in Lebanon without introducing the necessary reforms in governmental.
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