Middle East Economic Survey

VOL. LI

No 50

15-Dec-2008

Lebanon

Lebanese Officials Warn Of Negative Impact Of Gulf Slowdown

Although Lebanon has so far managed to avoid the negative fallout from the global financial crisis, some officials have warned that the slowdown in the Gulf economies will have a serious impact on the Lebanese economy in the short and medium term. Despite the political crisis which has gripped Lebanon after the assassination of former Prime Minister Rafiq al-Hariri, the economy...