Lebanese budget falls short of major structural reforms it needs- deputy PM

Lebanon's deputy prime minister said on Thursday that the draft budget being finalised by Lebanon's government stabilises the financial situation in the heavily indebted state but falls short of the major structural reforms it needs.

Ghassan Hasbani, in a telephone interview with Reuters, also said he had "deep concerns" about delays to a final agreement on the budget in the cabinet, after the government missed a self-imposed deadline for completing its discussions on Wednesday.