Economy

Central Bank: Crisis Boosted Confidence in Lebanese Economy

Lebanon's ability to survive the crisis sparked last month by the premier's now rescinded resignation has increased confidence in its economy, the governor of the country's central bank said Friday. Lebanon, chronically feared to be on the brink of default, was shaken by an unprecedented crisis that saw Prime Minister Saad Hariri resign from Saudi Arabia in mysterious circumstances before a Western diplomatic effort and subsequent national consultations saved his job.

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