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2019 a critical year for Lebanon’s finances

Benjamin Redd- Despite a recent downgrade in Lebanon’s sovereign debt outlook, the country will have no problems rolling over 2019’s debt, experts told The Daily Star. But they also cautioned that debt levels were at unsustainably high levels. Last Friday, Standard and Poor’s changed the outlook for Lebanon’s sovereign debt rating from stable to negative,
indicating that a ratings downgrade could be in the offing sometime in the next year.
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