Monday 07, April 2008 by
Moody’s more positive on Lebanon
“The change of outlook is justified by the impressive resilience of Lebanon's public finances in the face of numerous political shocks since Moody's assignment of a negative rating outlook in November 2006. In fact, the health of the country's public finances has improved modestly during this period and the government's short-term funding needs are manageable,” explained Tristan Cooper, vice president and senior analyst for Moody's Sovereign Risk Unit.
