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Showing posts with the label "Lebanon's debt"

Lebanon

"One of the most indebted countries in the world, Lebanon is struggling to find fresh sources of funding as the foreign inflows on which it has traditionally relied have dried up. Promises of assistance from Saudi Arabia and Qatar, Lebanon’s former benefactors, have largely failed to arrive. The government needs to cut spending, raise taxes and fight corruption to unlock some $11 billion in international aid pledges made at a Paris donor conference in 2018." How Lebanon's Unrest is Both New and More of the Same (Click on Free and continue to website)