Press Today

Tackling Lebanon’s financial problems? You might be looking the wrong way

Jad Chaaban- The government is supposed to come up soon with a new budget for 2019, where “substantive reductions in spending” would be enacted, and where “everyone is expected to make painful concessions.” The main idea is to reduce the government deficit and to make sure public debt growth is contained, while waiting for CEDRE loan money that is supposed to help finance infrastructure and create new jobs. Yet all this will not solve our problems.
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