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

May 5, 2008

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Format: Chicago

Lebanon: Report on Performance Under the Program Supported by Emergency Post: Conflict Assistance, (USA: International Monetary Fund, 2008) accessed November 22, 2024

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.

Subject: Central banks, Expenditure, Fiscal policy, Fiscal stance, Foreign exchange, International reserves, Public debt

Keywords: Broad money, Broad money growth, CR, Debt, Deposit inflow, Fiscal stance, Foreign currency, International reserves, ISCR, Lebanon, Market financing, Private sector

Publication Details

Pages:

13
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/150
Stock No:

1LBNEA2008001
ISBN:

9781451822731
ISSN:

1934-7685

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