Economists question government GDP projections

The Daily Star

With the Lebanese government standing by its projection for two percent GDP growth in 2013 despite recent downgrades from international organizations, local economists dismissed any chance of hitting the state’s target.

While downplaying any possibility of the country witnessing negative growth this year, the economists who spoke to The Daily Star suggested that the Finance Ministry and Central Bank did not have the necessary statistics to make accurate forecasts – and had a political interest against improving their predictions.

Source: The Daily Star FULL STORY