ON THE RIGHT PATH

摘要

Much like Lebanon's iconic cedar trees, the country's economy embodies the quality of resilience. Having experienced devastation inflicted by war in 2006, as well as phases of disturbances on the domestic political scene until May 2008, the country has recorded consistent levels of growth since 2007. The economy is predicted to expand again this year and, according to recent World Bank estimates, real gross domestic product (GDP) growth is expected to match 2009's rate of 7%- Nominal GDP stood at approximately $32.7bn at the end of 2009, a dramatic increase from 2005's figure of $21.9bn.