Lebanon 2019 budget deficit much bigger than expected: finance minister

BEIRUT – Lebanon’s 2019 budget deficit will be much bigger than expected owing to a “very concerning” decrease in state revenues, caretaker finance minister Ali Hassan Khalil said on Wednesday, as the country struggles with a deep financial crisis.

Khalil said Lebanon, which has been swept by protests since Oct. 17, is facing serious difficulties financing the state, in remarks to reporters aired on broadcaster LBCI.

 

Reuters

Similar Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top
%d bloggers like this: