NO. 12/13


Financial and Banking News

Aid Flows

Lebanon Seeks Arab Aid for Reconstruction

The Lebanese Minister of Finance, Dr. 'Ali al-Khalil, has called for an"Arab Marshall Plan" to assist Lebanon in its reconstruction after 15years of civil war. Speaking last week to the press (before the cabinet of Dr.Salim al-Hoss submitted its resignation on 19 December), Dr. Khalil said thatLebanon expects a serious deterioration in its balance of payments as a resultof the...