Lebanon's debts exceed $64bn
Beirut - KUNA
Finance Minister Ali Hassan Khalil said Tuesday Lebanon's debts in 2013 exceeded USD 64 billion, 59.4 percent of which in local currency. At a news conference in Beirut, Khalil said revenues rose by only one percent because of economic recession in 2012 and 2013 coupled with security unrest in neighboring Syria. The budget deficit widens to nine percent of GDP after the government approved an allowance to address high living costs, he said, which increased the burden of wages by 22 percent. "We are about to determine additional resources to address the deficit," he said
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phaseRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:19 2018 Sunday ,21 January
'Pope' of French cuisine Paul Bocuse dies age 91
GMT 12:05 2018 Wednesday ,17 January
Trump visit set to eclipse Davos meet
GMT 08:34 2017 Monday ,27 November
Mugabe to get $10m payoff and immunity for his family
GMT 01:41 2017 Sunday ,30 April
China launches first home-built aircraft carrier amid South China Sea tension
GMT 14:47 2017 Tuesday ,26 September
EGX indexes up, benchmark surges 0.2 pct
GMT 12:11 2017 Monday ,08 May
'Tonight, France won', says euphoric Macron
GMT 20:39 2017 Wednesday ,19 April
Egyptian, Ethiopian FMs discuss Nile water file
GMT 07:11 2017 Sunday ,10 December
Qatar, France Sign $14 Billion Weapons, Jets Deal
GMT 06:58 2017 Thursday ,20 July
Singer Nawal Al Zoghbi could face lawsuit
GMT 20:51 2016 Wednesday ,28 September
Landslide leaves 27 missing in east China
GMT 22:55 2016 Friday ,10 June
Russia Successfully Launches DLA-2 Satellite
GMT 13:32 2017 Wednesday ,08 February
'Ghost skier' leads Winter Olympic Games data revolution
GMT 10:02 2018 Sunday ,18 November
The significance of the Iraqi president’s visit to Riyadh
GMT 14:52 2018 Wednesday ,17 October
MJ Akbar resigns amid flurry of sexual harassment chargesGMT 11:52 2011 Wednesday ,14 December
Armani Restaurant
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor