Lebanon's Public Debt Surging by $12,500 per Minute

  • Economics
Lebanon's Public Debt Surging by $12,500 per Minute

Information International founder and managing partner, Jawad Adra, revealed on Friday that Lebanon's public debt is now surging by $12,500 per minute.

"It might reach approximately $21,000 per minute in 2020 if things do not worsen even more,” Adra pointed out.

“Enough accusations, enough insults, and enough swaggering by political leaders and self-proclaimed rescuers. What is required is will and determination,” Adra wrote on Twitter.

Information International is a Beirut-based research consultancy firm founded in 1995.

Source: Kataeb.org