Lebanon/EAST MEDITERRANEAN

 

IMF Says Global Slowdown And Regional Unrest Reduce Lebanon’s Growth To 3%

The IMF’s projection of about 3% economic growth “is well below Lebanon’s potential,” the IMF Deputy Managing Director Nemat Shafiq said on the sidelines of the Arab Economic Forum held in Beirut earlier this month. In a press release on 10 May, she noted that Lebanon has been impacted by the global slowdown and regional unrest,...