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.
|Debt to GDP||149||%|
11 Jun, 2021
Lebanon’s power and fuel crisis is growing despite this week’s approval of an emergency World Bank loan. A ‘deal’ for Iraqi fuel is unlikely to materialize.
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