Central bank to provide further stimulus

The Daily Star

Lebanon’s central bank plans a further boost next year to an economy hit by war in neighboring Syria and domestic turmoil, but the package will be smaller than this year’s $1.46 billion, its governor said Monday.

Riad Salameh said the stimulus plan had been vital to keeping Lebanon’s economy growing at a rate which he estimated at between 2 and 2.25 percent this year, and additional support would be needed in 2014.

Source: The Daily Star FULL STORY