Standard & Poor’s credit rating:
– It says that it confirmed Lebanon’s rating at (C / CCC) with a negative outlook.
– She says the risks of a prolonged political vacuum add to policy ambiguity.
– She says that the debt-based power-sharing system in Lebanon can delay any political solution to forming a government.
She says that potential reforms may not be sufficient to find a fundamental solution to the great financial and economic pressures.
She says that Lebanon may eventually face difficult political choices regarding monetary and banking systems in the future.