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Lebanon's Economy Faces Stark Choice: Reform or Collapse

  • Fri, 23 Nov 2018 04:34
Lebanon marked 75 years of independence with a military parade Thursday in Beirut, but many anxious Lebanese feel they have little to celebrate: the country's corruption-plagued economy is dangerously close to collapse and political bickering over shares in a new cabinet is threatening to scuttle pledges worth $ 11 billion by international donors, said a report by The Associated Press on Thursday. The World Bank issued a stark warning last week, with one official saying that unless a government is formed soon to carry out badly needed reforms, "the Lebanon we know will fizzle away." It's الشرق الأوسط

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