Head of Lebanon’s Economic Committee Adnan Kassar reiterated Monday warnings that the economy is at the mercy of political bickering and instability. “You need to understand the impact of your behavior on the economy,” Kassar told politicians following a meeting with Maronite Patriarch Beshara Rai. Kassar added that the Lebanese economy has the potential to improve, but that this can only be achieved in a secure climate of political stability. “Lebanon’s economy has not lost its ability to return to the levels of growth seen in the past few years, and has the potential to compensate for [the slow growth] of 2011 and 2012,” Kassar said, adding that Lebanon has significant local funding sources that remain untapped because of instability. “Arab and foreign investors are looking to invest in Lebanon, and there are a lot of strategic projects waiting to be implemented,” he added. From DailyStar
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor