Middle East Economic Survey
VOL. LIII
No 17
26-April-2010
LEBANON
Lebanon Unveils Expansionary 2010 Draft Budget
The Lebanese Minister of Finance Raya al-Hasan on 15 April announced details of the 2010 draft budget, projecting a 15.4% increase in the deficit to LL5,675bn ($3.78bn), but maintaining the deficit to expenditure ratio at the 30% level. The draft budget, which will need to be approved by the cabinet first and then by parliament, proposes increases in total expenditure of 14.4% to...
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