June 25, 2019 / 6:59 AM / a month ago

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

BEIRUT, June 25 (Reuters) - 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. (Reporting by Ellen Francis Editing by Andrew Heavens)

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