Banking group sounds the alarm for Lebanese economy
Daily Star staff
Wednesday, July 04, 2007
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The Association of Banks in Lebanon (ABL) said Tuesday that the public debt in Lebanon reached $41.3 billion in the first five months of 2007, warning that most economic indicators were on the negative side in the month of May. "Most economic indicators fell to alarming levels in May of 2007 due to the current political crisis. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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