GDP growth to accelerate to 2.5 percent this year. Fiscal and current account deficits to remain sizable

The World Bank has projected an improvement in economic growth this year, but expects fiscal and current account deficits to remain elevated.

Real GDP growth is expected to improve to 2.5 percent in 2017, provided the country does not revert to political stalemate, according to the spring issue of the World Bank's Lebanon Economic Monitor.

The factors triggering the projected growth include the progress made in domestic politics, the continued revival of the tourism sector, and...

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