Lebanon Opportunities

2018 fiscal deficit up 66 percent

he fiscal deficit realized in 2018 widened by 66 percent, driven by a surge in expenditure and a slight decline in total revenue, according to the Ministry of Finance (MoF). The deficit increased to $6.2 billion from $3.8 billion the previous year. The actual deficit exceeds the deficit projected by the government in the 2018 budget law by $1.4 billion. It represents nearly 11 percent of gross

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