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Lebanon Report on Performance Under the Program Supported by Emergency Post: Conflict Assistance

The economic performance of Lebanon was significantly better despite difficult political conditions under the Emergency Post-Conflict Assistance (EPCA). With lackluster growth and fiscal tightness, the external current account deficit needs to be improved. There is limited scope for fiscal policy ac...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Foreign Exchange Reserves
Public Debt
Public Finance & Taxation
Currency; Foreign Exchange
Debt Management
Debts, Public
Fiscal Policy
Debt
National Government Expenditures And Related Policies: General
Central Banks
Expenditure
Sovereign Debt
Foreign Exchange
International Reserves
Banks And Banking
Expenditures, Public
Macroeconomics
Banking
Monetary Policy
Public Finance
Lebanon
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The economic performance of Lebanon was significantly better despite difficult political conditions under the Emergency Post-Conflict Assistance (EPCA). With lackluster growth and fiscal tightness, the external current account deficit needs to be improved. There is limited scope for fiscal policy actions. The government faces substantial gross financing needs and remains vulnerable to changes in regional liquidity and demand. Increased inflation could worsen the fiscal outlook. In view of this, the authorities have expressed interest in continued quarterly monitoring of Lebanon’s economic policies and performance by the IMF.
Physical Description:13 pages
ISBN:9781451822731

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