Barakat: economic overspending responsible for financial gap ...lebanon

Lebanon’s Central Bank net foreign currency reserves has recorded a deficit of $58 billion up to this date and this was mainly due to the financial system heavy financing of the country’s imports, travel expenses and outward remittances over the past two decades. Marwan Barakat, Group Chief Economist and Head of research of Bank Audi told the Daily Star.

Hence then, the article about barakat economic overspending responsible for financial gap was published today ( Wednesday 25/11/2020 - 06:00 PM ) and is available on THE DAILY STAR ( lebanon ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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