Lebanon’s Aoun says financial situation improving

President Michel Aoun said on Wednesday Lebanon’s financial situation was improving, nearly a week after the formation of a new government that is vowing to set about reforms that are badly needed to put the state finances on a sustainable path.

“The indicators are for a period of ascent in Lebanon because the crises are behind us and the financial situation is improving,” Aoun said, according to a presidential statement.

BEIRUT (Reuters)

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