VOL. XL
No. 7
17-February-1997
LEBANON
1997 Lebanese Budget Projects Slight Cut In Deficit
On 3 February the Lebanese Parliament approved the budget for 1997 which foresees further increases in government borrowing and cuts in subsidies but little change in overall levels of income and expenditure. Four days of debate resulted in a slight increase (LL233bn) over the original draft budget to raise forecast spending to LL6,433bn ($4.14bn), 0.4% lower than 1996. The budget projects an increase in...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!