Lebanon has now become almost famous for the level of its sovereign debt, with a debt-to-GDP ratio of about 180%. Is Lebanon’s debt the country’s greatest economic challenge?
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| Salameh: job creation is key |
I believe the biggest challenge, in order to maintain stability in prices, in general, is the creation of jobs. The curbing of unemployment, especially among the educated, is a major challenge for the years to come. Lebanon’s debt is sustainable, because out of the $36 billion of debt, only $21 billion is in the market.
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