Lebanon faces it worst economic crisis since the end of its last civil war in 1990 and has been gripped by nationwide protests for more than two months. EPA
Lebanon faces it worst economic crisis since the end of its last civil war in 1990 and has been gripped by nationwide protests for more than two months. EPA

Economy

Lebanon faces 'extreme macroeconomic instability' without external support, Moody's says

The debt-saddled country's economy is projected to contract 2.5% this year and by 1.5% in 2020, according to the rating agency

Massoud A Derhally
Massoud A Derhally

December 17, 2019