Middle East Economic Survey
VOL. LIV
No 44
31-Oct-2011
Lebanon
Lebanese Finance Minister Sees Debt Rising To $60Bn
Lebanese Minister of Finance Muhammad Safadi has warned that the countrys public debt would grow to $60bn by the end of 2011, up from $52.6bn at the end of June, but stressed that it was crucial to invest in vital infrastructure projects. Speaking at a seminar to discuss the draft budget for 2012, Mr Safadi said that the Lebanese economy was healthy compared to many European...
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