Lebanon’s president says country needs six to seven years to emerge from crisis – The National

  • Date: 25-Dec-2021
  • Source: The National
  • Sector:Economy
  • Country:Lebanon
  • Who else needs to know?

Lebanon’s president says country needs six to seven years to emerge from crisis – The National

Lebanese President Michel Aoun said on Friday the country needs six to seven years to emerge from crisis.

Its economy has been in free fall since 2019, when a mountain of debt and political gridlock drove the nation into its deepest crisis since the 1975-1990 civil war.

"We need six to seven years to get out of this crisis," Mr Aoun said in a televised interview.