Lebanon is dreaming of gas riches with a Total-led consortium set to drill in 2019. However the country faces more pressing concerns. Donors contributed $12bn at April’s Cedre conference in Paris, in hope to benefit Lebanon's creaky infrastructure and troubled economy. But the government does have to first overcome widespread corruption.
Peak Load | 2.1 | GW |
GDP | 56.7 | $bn |
Growth | 1 | %GDP |
Debt | 85.4 | $bn |
Debt to GDP | 149 | % |
23 Jul, 2021
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Saad al-Hariri’s departure opens a new chapter in Lebanon’s political and economic crisis. Are the reforms needed to unlock $bns of international cash possible?
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