The Lebanese Ministry of Treasury reported that the general treasury’s deficit declined to 4.2 billion Lebanese Pounds in 2001, down from LL 5.9 billion in 2000, a LL 1.6 billion withdrawal, reported Al-Watan . This implies that the budget ratio out of the GDP declined to 47.6 percent in 2001, down from 55.2 percent in the previous year of 2000. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
