How Lebanon Will Dodge Its Looming Debt Crisis
The economic outlook for Lebanon is not nearly as bad as some would have you believe. And that presents an opportunity for investors to buy Lebanese government bonds at a potentially massive discount.
The economic outlook for Lebanon is not nearly as bad as some would have you believe. And that presents an opportunity for investors to buy Lebanese government bonds at a potentially massive discount.
Lebanon's plan to bring its budget deficit back into single digits is a step in the right direction, but it needs to regain market access to keep default concerns at bay, Fitch's rating analyst said on Thursday.