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Lebanese parliament endorses budget
Lebanon, Economics, 7/16/1999
The Lebanese Parliament on Thursday ratified the Lebanese state budget for 1998-1999, estimated at 8,364 billion Lebanese pounds. In his intervention at the conclusion of the session of the Lebanese Parliament that lasted for four days, Lebanese Prime Minister Salim al-Hoss indicated that his government had faced several challenges, especially as the general debt by the end of 1998 reached US $18 billion, representing 119% of the Gross National Product, adding that the general budget deficit reached 15% of the total GNP.
Previous Stories:
Beirut shows solidarity of follow citizens imprisoned in Israel
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Lebanon will keep its gold reserves, and banking laws
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