Lebanon: Use of Fund Resources: Request for Emergency Post-Conflict Assistance: Staff Report; and Press Release on the Executive Board Discussion

May 18, 2007

Summary

This report reviews the Emergency Post-Conflict Assistance (EPCA) given to Lebanon after the conflict with Israel in 2006. The five-week conflict with Israel in 2006 and the month-long blockade that followed inflicted a heavy human and economic toll on Lebanon. EPCA would provide an appropriate transition to 2008, when fiscal adjustment is envisaged to commence. The authorities intend to seek IMF support through a Stand-By Arrangement (SBA), following satisfactory implementation of the EPCA program and after the immediate impact of the conflict has been addressed and the current political stalemate resolved.

Subject: Commercial banks, Currencies, Expenditure, Financial institutions, Government debt management, Money, Public debt, Public financial management (PFM)

Keywords: Banque du Liban, Commercial banks, CR, Currencies, debt, debt reduction objective, Emergency Post-Conflict Assistance, Global, Government debt management, IMF's support, ISCR, Middle East, net, objectives of the IMF, private sector, reform program

Pages:
82
Volume:
2007
DOI:
https://doi.org/10.5089/9781451822717.002
Issue:
177
Series:
Country Report No. 2007/177
Stock No:
1LBNEA2007001
ISBN:
9781451822717
ISSN:
1934-7685

Loading component...

IMF’s Work

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Loading component...

IMF Staff Country Reports