Lebanon’s Economy Threatened by Time Factor, Int’l Reports Reduce Growth Prospects

High-level financial sources have warned against a slowdown in the process of restoring financial stability in Lebanon. The sources said that the time factor does not give the concerned authorities the margin of “luxury” that allow them to rely on the extension of public expenditure according to the “twelve-year rule” (an exception that allows one month’s payment according to the previous budget) until mid-July.

Majnoun Leila EN