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IMF increases Lebanon growth forecast to 8%

09 June 2010

The economic growth forecast for Lebanon has been raised by the International Monetary Fund (IMF) to at least 8% from a previous estimate of 6%, Reuters has reported. "Lebanon is reaping the benefits of improved domestic stability and prudent policies," IMF mission chief, Andreas Bauer told a press conference. "The economy is still very strong and the momentum is carrying on."

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