Arab na- tions in 1979, less than 20 percent has been dispensed. The public debt has climbed to over $1 billion, more than an entire year's budget.
Meanwhile, the black market economy is booming, spurred civil war factionalism. About one-quarter of Lebanon's 400,000 workers are employed in the "underground" economy. The hashish trade reaps some $1 billion annually. Other smuggling reduced government customs duties collections by 40 percent during the first half of 1981. Lebanon's rival...