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| Syria-Lebanon-Iran |
| Few economic options for Lebanon's new govt |
| 2009-06-04 |
| [Al Arabiya Latest] A win for Hezbollah and its allies in a Lebanese parliamentary election is unlikely to lead to major changes in economic policy by the next government, whose hands will be tied by the state's hefty public debt. Reducing the debt burden, one of the largest in the world, will be a central challenge, whatever the shape of the government that emerges from Sunday's election. Many expect a coalition cabinet similar to the outgoing administration. "Reality is very constraining for any minister of finance," said Georges Corm, who held the post from 1998 to 2000. |
| Posted by:Fred |