European Parliament Library

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, International Monetary Fund

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
Table Of 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
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (71 p.)
Specific Material Designation
Form Of Item

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