Moody’s sees growth prospects. Rising interest rates to weigh on debt service

Moody's said it expects economic growth to improve to 2.5 percent in 2018 and three percent in 2019 from about 1.9 percent this year.

"This is based on expectations of greater economic policy coordination, the winding down of the open conflict in Syria and the expected implementation of the CEDRE investor conference commitments," the rating agency said in a research report titled 'Government of Lebanon – B3 Stable, Annual credit analysis'.

Moody's said the pace of implementation of...

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