VOL. XLV

No 23

10-June-2002

LEBANON

Central Bank Governor Says Lebanon Can Deal With Deficit, DebtProblem

Lebanonhas the means to deal with the twin problems of the budget deficit and risingpublic debt provided there is the necessary political consensus, according tothe Governor of the Central Bank of Lebanon (CBL), RiadSalamah. Speaking at two conferences held last monthin Lebanon,MrSalamah conceded that the CBL had faced difficultiesin implementing its policy of stable exchange rates, but at...