Cabym's Weblog

the Reference blog for financial investment in Lebanon

Archive for fiscal adjustment

Delay in reforms to eventually lead to economic contraction

A report commissioned by the Lebanese Businessmen Association (RDCL) indicated that the Lebanese economy will significantly benefit over the short and medium terms from fiscal adjustment and structural reforms, as well as from growth-enhancing reforms, while it will benefit substantially from privatization and social reforms over the longer term, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group.

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