Lebanon central bank governor: economy will improve despite 0% growth so far in 2019

Lebanon central bank governor: economy will improve despite 0% growth so far in 2019
The governor said the economy has good prospects in the future. (File/AFP)
Updated 25 June 2019

Lebanon central bank governor: economy will improve despite 0% growth so far in 2019

Lebanon central bank governor: economy will improve despite 0% growth so far in 2019
  • The governor said the liquidity situation would improve

BEIRUT: Lebanon has had zero percent growth so far in 2019 but the prospects for its economy are set to improve, central bank governor Riad Salameh said on Tuesday.
“Despite the fact that we have this year 0% growth till now, we think at the horizon the prospects will be better for the Lebanese economy,” he told a Euromoney conference in Beirut.
He said the liquidity situation would improve in the next six months.