A debt overhaul needs to be part of a reform programme backed by lenders such as the International Monetary Fund, according to Franklin Templeton Investments
Lebanon economy
Lebanon aid
Hariri warns Lebanon must form govt after months of deadlock
The slow process has worried observers, as the economy is teetering on the brink of disaster, hit hard by the fallout from the conflict that has ravaged neighbouring Syria since 2011
Beirut
Protests rock Lebanon as anger mounts over economy, political deadlock
Hundreds of protesters demonstrated against widespread corruption and lackluster public services
Lebanon
Lebanon could miss out on aid, France warns
Lebanon’s economy has looked on the brink of collapse for some time but a Paris conference dubbed CEDRE in April earned it $11bn in aid pledges.
Bank Audi
Lack of leadership in Lebanon has banks paying highest interest rates on deposits
Average rates on dollar deposits rose to 4.11 percent, a level not seen since February 2008. Similar interest rates in Jordan were at 4.38 percent at the end of May