Lebanon sees decline in deficit relative to revenues
By Regional Press Network (RPN)
Saturday, July 04, 2009
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Lebanon's fiscal performance report through the end of May showed a decline in the deficit as a percentage of revenue to 29.14 percent compared to 33.56 percent during the same period in 2008. The decrease in the deficit comes on the back of a solid 173 percent year-on-year increase in fuel-tax revenue in May.
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