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 | % |
24 Dec, 2020
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After suffering its worst year in decades, Lebanon’s economic, banking, and political crises show no signs of easing in 2021.
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