VOL. XLV
No 13
1-April-2002
LEBANON
Lebanons Ratings Remain Under Downwards Pressure Warns S&P
Lebanons ratings (currently B/negative/B) will remain under downward pressure until there is a fiscal correction sufficient to reverse the growth in the public debt burden, said ratings agency Standard and Poors (S&P) in a 22 March report entitled Fiscal Endgame in Lebanon. In order to reverse its debt, it is critical that Lebanons 2002 budget be implemented without slippages, significant...
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