Industry Minister Hussein Haj Hassan said on Saturday that “the key to solving the economic crisis in Lebanon is in investments in the oil and petrol sector, but the main issue lies within the delay the American and Israeli interests pose in this matter, along with interior conflicts and personal interests preventing the reaching of any solutions.”
Hassan pointed out that the government does not have an economic policy, and Lebanon’s spending has been relying on debt, as Lebanon topped $75 billion dollars in general debt, which equals 145% of the GDP