Lebanon faces tough path to soft landing or deeper crisis

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Lebanon faces tough path to soft landing or deeper crisisLebanese politicians must agree a new government that can stabilise the economy and attract international support if the country is to stave off even deeper economic crisis. Assuming such a government can be formed, there is still no easy way forward for a country driven towards economic collapse by years of bad governance, corruption and waste. The least damaging scenario would be a 'soft landing' guided by the International Monetary Fund (IMF), economists say, though IMF support has not been broached in public by Lebanese leaders.

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