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Lebanon Finance News

Dedicated to economic and business news on Lebanon, managed by the team of Lebanon Opportunities.

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Alain Bifani

Primary surplus in public budget. Debt to GDP is declining

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The fiscal deficit has widened so far this year, but a primary surplus has been registered, according to Alain Bifani, Director General of the Ministry of Finance (MoF).

The fiscal deficit widened by 33 percent to reach $1.7 billion in the fi….
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Primary surplus in public budget. Debt to GDP is declining, but more reforms are needed

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The banking sector has been a main support to finance the State’s needs and reduce the burden of high public debt, according to the Ministry of Finance (MoF).

Banks have foreign currency reserves worth $65 billion, representing 93 percent of….
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