2023-06-29 12:58:00
The IMF expects the Lebanese public debt to rise to 550% by 2027
Dubai – Al Arabiya.net
Posted on: June 29, 2023: 04:58 PM GST Last updated: June 29, 2023: 05:25 PM GST
The International Monetary Fund said today, Thursday, that depositors in Lebanon have lost $10 billion since 2020.
The IMF expected the Lebanese public debt to rise to 550% by 2027.
The IMF added that the economic situation in Lebanon will be exacerbated by resistance to reforms.
He explained that personal interests in Lebanon impede the required reforms.
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