Middle East Economic Survey
VOL. XLVIII
No 7
14-February-2005
lebanon
Lebanese Economy Picks Up But Debt And Politics Cloud The Horizon, Says Moodys
Lebanons real GDP growth has picked up to an estimated 5% in 2004 on the back of rebounding tourism, construction, and exports, according to recent analysis by ratings agency Moodys, but future growth is clouded by the countrys fragile political balance, and high level of debt. According to Moodys, tourism has been rising since the 9/11 attacks in the...
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