Middle East Economic Survey
VOL. XLIX
No 5
30-January-2006
LEBANON
Lebanon B3 Ratings Reflect Great Debt Burden, Fiscal Deficit And Political FragilityLebanon's B3/Not Prime foreign currency bond and bank deposit ratings, with stable outlook, reflect the countrys significant economic and political risks, particularly the governments overwhelming debt burden, Moody's said in its annual credit report on Lebanon. The debts servicing requirement results in a wide fiscal deficit, which constrains...
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