Lebanon minister expects cabinet to sign fiscal gap law soon

Lebanon minister expects cabinet to sign fiscal gap law soon

Lebanon's cabinet is soon expected to approve and send to parliament a long-awaited law needed to restructure its debt burden, the country's economy minister said, adding that policymakers are in touch daily with the International Monetary Fund. Lebanon is struggling to emerge from a severe economic crisis following decades of profligate spending by ruling elites that sent the economy into a tailspin in late 2019, with depositors locked out of a…