VOL. XLIII

No. 07

14-February-2000

LEBANON

Lebanons 2000 Budget Seeks Reduction In Deficit

The Lebanese parliament on 4 February approved the 2000 budget, despite some criticisms of the figures, with only minor amendments. This years deficit is projected at LL3,201bn ($2.12bn), equivalent to 37.3% of total expenditure and less than that of the previous year, which was put at LL3,405bn ($2.26bn), or a budgeted 40.6% of total expenditure (MEES, 26 July 1999). However, according to the Ministry of...