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Lebanon's new PM says country faces economic 'catastrophe'

Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said Wednesday as his newly unveile
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By AFP
  • Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said Wednesday as his newly unveiled cabinet met for the first time.

BEIRUT: Debt-ridden Lebanon faces an economic "catastrophe", Prime Minister Hassan Diab said Wednesday as his newly unveiled cabinet met for the first time.

"Today we are in a financial, economic and social dead-end," he said in remarks read by a government official after the new cabinet's inaugural meeting in Beirut.

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