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  • Lebanon Opportunities

    Stormy Jan.

    Mar 08, 2019 4 minutes
     Reported by Shikrallah Nakhoul

    ▪ PUBLIC INVESTMENT TO SEE DOUBLE-DIGIT GROWTH

    ▪ ONE TO TWO PERCENT ECONOMIC GROWTH PROJECTED

    ▪ FISCAL DEFICIT REMAINS KEY VULNERABILITY

    The new Cabinet’s commitment to be active and effective and the vote of confidence it received from Parliament have buoyed hopes in the country’s economic prospects. The government will have to overcome many hurdles. “The new government faces formidable economic challenges in a context of severe fiscal and current account imbalances and difficult external environment. Public debt ratio has risen to unsustainable levels, and real GDP growth has slowed to an average of 1.4 percent during 2011-2018,” the Institute of International Finance (IIF) said in a country report, ‘Lebanon: Time to

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