Author: Carla Haddad

Is The Lebanese Economy On The Fringe Of Breakdown?

[Note on the author: Carla Haddad is a senior translator, editor and examiner with the Chartered Institute of Linguists. Carla is currently a student on the City, University of London Writing for Business short course which started in May 2018. She wrote this blog as part of a homework/in-class exercise on that course.]

Amid the gloomy picture of an economy in the red, burdened by large deficits and a hefty public debt-to-GDP ratio, will these factors affect the credit rating outlook for Lebanon in the medium to longer term?