Lebanon 2019 budget deficit much bigger than expected -finance minister
- Country:
- Lebanon
Lebanon's 2019 budget deficit will be much bigger than expected owing to a "very concerning" decrease in state revenues, caretaker finance minister Ali Hassan Khalil said on Wednesday, as the country struggles with a deep financial crisis.
Khalil said Lebanon, which has been swept by protests since Oct. 17, is facing serious difficulties financing the state, in remarks to reporters aired on broadcaster LBCI.
ALSO READ
-
Lebanon’s Children Face Hunger, Lost Schooling and Work as Families Reach the Brink
-
Lebanon’s Small Business Owners Build Skills and Market Links With EU and ILO Support
-
Lebanon and ILO Move to Modernize Cooperatives and Strengthen Rural Livelihoods
-
UNDP Urges Recovery From Day One as 160 Million People Risk Being Trapped in Crisis
-
UNDP and World Bank Join Forces to Unlock Investment and Jobs in Five Nations
Google News