Lebanon 2019 budget deficit at 11.4% -information minister

Lebanon 2019 budget deficit at 11.4% -information minister
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  • Country:
  • Lebanon

Lebanon Information Minister Manal Abdel Samad said on Tuesday the country's budget deficit for 2019 was 11.4% of GDP.

Lebanese officials had projected a budget deficit for 2019 of less than 9% of GDP but later said the figure would likely end up higher because of the country's deep economic crisis.

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