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:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Lebanon 
653 |a Fiscal stance 
653 |a Foreign exchange reserves 
653 |a Public debt 
653 |a Public finance & taxation 
653 |a Debt Management 
653 |a Fiscal Policy 
653 |a Debts, Public 
653 |a Debt 
653 |a Currency 
653 |a Fiscal policy 
653 |a National Government Expenditures and Related Policies: General 
653 |a Central banks 
653 |a Sovereign Debt 
653 |a Expenditure 
653 |a Foreign Exchange 
653 |a International reserves 
653 |a Banks and Banking 
653 |a Expenditures, Public 
653 |a Macroeconomics 
653 |a Banking 
653 |a Public Finance 
653 |a Monetary Policy 
653 |a Foreign exchange 
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520 |a 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.