Lebanon has been facing a difficult and critical situation lately, but not disastrous.
In 2002, the financial and economic indexes were worse that the current situation, according to experts.
The public debt in 2002 reached a 180% rate of the country’s economy, while this rate today is 150%.
The deficit of the state’s finances was 15.6%, while today it is 11.5%.
The debt service cost was 18% of the economy in 2002; today it stands at 10.3%.
In 2002, the rescue came through Paris 2 conference, during which the International Community contributed with $2.4 billion in the form of facilitations and loans.
For more details, watch the full report in the video above