Lebanon : 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lebanon.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/382

IMF Staff Country Reports

Language:

English

Subjects (All):

Finance--Lebanon.

Finance.

Lebanon--Economic conditions.

Lebanon.

Lebanon--Economic policy.

Physical Description:

1 online resource (71 p.)

Edition:

First edition.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

This 2007 Article IV Consultation highlights that economic developments in Lebanon in 2006 were significantly affected by the July–August conflict with Israel. Real GDP is estimated to have been flat, with strong growth in the first half of the year offset by the disruptions during and after the conflict. Inflation increased, mainly reflecting supply shortages during the conflict and the ensuing blockade. Executive Directors have welcomed the authorities’ success in containing the primary fiscal deficit in the first half of 2007.

Contents:

Cover; Contents; Executive Summary; I. Introduction; II. Background and Recent Developments; Boxes; 1. Implementation of Past Fund Advice; Text Tables; 1. Economic Impact of the July-August 2006 Conflict, 2006-09; Figures; 1. Recent Developments, January 2005-March 2007; III. Outlook and Authorities' Views on Policies; A. Minimizing Risks to the Paris III Reform Strategy; 2. The Paris III Fiscal Adjustment Objectives, 2006-12; 2. Debt Sustainability Analysis; 2. Public Debt Sustainability, 2002-26; B. Monetary and Exchange Rate Policies; 3. Assessment of the Level of the Real Exchange Rate

C. Banking Sector VulnerabilitiesD. Policies for 2007 and 2008; 4. Performance Under the Program Supported by EPCA; 3. Paris III Aid; 5. Energy Sector Reforms; E. Other Issues; IV. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2003-12; 2. Central Government Primary Balance, 2003-08 (In billions of Lebanese pounds); 3. Central Government Primary Balance, 2003-08 (In percent of GDP); 4. Government Expenditure by Function, 2002-06; 5. Overall Fiscal Deficit and Financing, 2003-08; 6. Government Debt, 2003-12; 7. Monetary Survey, 2003-08

8. Balance Sheet of the Banque du Liban, 2003-089. Commercial Banks' Balance Sheet, 2003-08; 10. Balance of Payments, 2003-12; 11. Public Sector Debt Sustainability Framework, 2003-26; 12. National Social Security Fund Operations, 2000-06; 13. Interest Rates, 2003-07; 14. Banking Sector Financial Soundness Indicators, 2003-07; 15. Indicators of Financial and External Vulnerability, 2003-07; 16. Size and Distribution of Deposits, February 28, 2007; 17. Quantitative Indicative Targets Under the EPCA, March-December 2007; 18. Monitorable Actions for the Period March-December 2007

19. External Financing Requirements and Sources, 2003-0820. Indicators of Capacity to Repay the Fund, 2003-12; Contents; Annexes; I. Fund Relations; II. Relations with the World Bank Group; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9786613872418

9781462391752

1462391753

9781452764788

1452764786

9781283559966

128355996X

9781452717524

1452717524

OCLC:

876511851