Central Bank Gov. Riad Salameh during a Euromoney conference at the Four Seasons Hotel in Beirut, June 25, 2019. (The Daily Star/Mohamad Azakir)
A previous version of this article stated that the deficit-to-GDP ratio of 2018 was 11.71 percent when it was in fact 11.1 percent. The Daily Star regrets this error.
IMF sees Lebanon GDP growth at 0.2 pct
Lebanese economy to shrink for first time in 20 years: World Bank
Central Bank continuing to provide dollars: Salameh
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Lebanon has had zero percent growth so far in 2019 but the prospects for its economy are set to improve, Central Bank Gov. Riad Salameh said Tuesday.The budget deficit officially stood at 11.71 percent of GDP in 2018 compared to 9.28 in 2017, the Finance Ministry said, finally releasing the overdue results Monday.Parliament's Finance and Budget Committee is currently reviewing the draft 2019 state budget after Cabinet approved the document following 20 sessions of negotiations.
...
FOLLOW THIS ARTICLE