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ECONOMIC CRISIS

President Michel Aoun said Lebanon needs 6-7 years to exit crisis

President Michel Aoun said Lebanon needs 6-7 years to exit crisis

Lebanese President Michel Aoun. (Credit: Dalati & Nohra)

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

Lebanon's economy has been in freefall 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," Aoun said in a televised interview.


BEIRUT — Lebanese President Michel Aoun said on Friday the country needs "six to seven years" to emerge from crisis.Lebanon's economy has been in freefall 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," Aoun said in a televised interview....