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Growth of Lebanese economy seen to slow down this year
- Lebanon: Saturday, November 17 - 2012 at 00:39
Riad Salameh, the governor of Lebanon's central bank has said the country's economy is expected to grow by 2% this year, a sharp slowdown from 2011, Reuters has reported. The International Monetary Fund said in September that weak government policies have led to a slowdown in investment in Lebanon. The conflict in neighbouring Syria is also hurting investment and slowing policymaking, as sectarian tensions within the Lebanon government have increased following the war in Syria.
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