Economy to grow at four percent rate. Bank Audi forecasts doubling rate of increase in GDP this year

Bank Audi has estimated GDP growth will reach four percent in 2017. "This is more than double the average it reported in the past six years (1.8 percent)," Bank Audi stated in its fourth quarter 'Lebanon Economic Report.'

The GDP increase would drive 15 percent growth in private investment and a seven percent growth in private consumption within the context of an 18 percent growth in financial inflows, benefiting banking activity at large.

"Private investment had seen a 'wait-and-s...

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