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MARKET PRESENCE
lebanon
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The home of the Cedars, Lebanon known for its natural beauty has made impressive gains in economy since the launch of "Horizon2000," the government's $20 billion reconstruction program in 1993. Real GDP grew 8% in 1994 and 7% in 1995. During 1992-98, foreign exchange reserves jumped to more than $6 billion from $1.4 billion.

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