Lebanon at risk of credit rating downgrade: Is there any plan to face this risk?

Lea Fayad Author: Lea Fayad
Breaking Headlines
2019-08-19 | 13:00
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Lebanon at risk of credit rating downgrade: Is there any plan to face this risk?
LBCI
Watch now
More details about online video viewing packages
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Lebanon at risk of credit rating downgrade: Is there any plan to face this risk?

As Standard & Poor’s agency prepares to issue a new report on Lebanon’s credit rating at the end of the week, President Michel Aoun declared Monday that Lebanon is set to start in October implementing a series economic and financial measures agreed upon during the Baabda financial meeting. He noted that he will personally overlook the implementation of these decisions, in cooperation with Speaker Nabih Berri and Prime Minister Saad Hariri.

 

Concerns arose over the possibility that Standard & Poor’s downgrades its credit rating for Lebanon from B- to CCC, which means that Lebanon will be deemed unfit for investment.

 
 

For more details, watch the full report in the video above

Breaking Headlines

Lebanon

Rating

LBCI Next
Grand Mufti Derian travels to Saudi Arabia for Hajj
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More