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Lebanon's parliament approves country's first budget since 2005
October 19, 2017 / 6:33 PM / a month ago

Lebanon's parliament approves country's first budget since 2005

BEIRUT, Oct 19 (Reuters) - Lebanon’s parliament approved the first state budget in 12 years on Thursday, a vital step towards reforming the fragile economy and preventing rising debt spinning out of control.

Successive governments have failed to pass annual budgets due to a string of political crises since the 2005 assassination of former prime minister Rafik al-Hariri. (Reporting by Lisa Barrington; Editing by Janet Lawrence)

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