The Central Bank (BDL) said the country was not in an economic crisis because negative growth had been avoided and the monetary position remains strong. The country is expected to record zero percent growth this year as per BDL projections, down from an average of two percent through previous estimates. BDL reviewed its growth prospects due to political conflicts and security uncertainty that are weighing heavily on the economy.
"Given the situation in the Middle East, Lebanon is showing...
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