Lebanon has 0 pct growth in 2019, but economy prospects to improve: Salameh

Lebanon has had zero percent growth so far in 2019 but the prospects for its economy are set to improve, Central Bank Gov. Riad Salameh said Tuesday. The budget deficit officially stood at 11.71 percent of GDP in 2018 compared to 9.28 in 2017, the Finance Ministry said, finally releasing the overdue results Monday. Parliament’s Finance and Budget Committee is currently reviewing the draft 2019 state budget after Cabinet approved the document following 20 sessions of negotiations.

…