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

This paper focuses on Lebanon’s performance under the program supported by emergency post-conflict assistance. The end-March quantitative target on international reserves was met with a wide margin. While the primary balance target was also met, the program ceiling on net government financing by the Banque du Liban (BdL) was missed. The Global Income Tax law has not yet been submitted to parliament, and the planned privatization of Telecom is waiting for an improvement in global conditions. Near-term macroeconomic policies need to focus on at least safeguarding the authorities’ zero primary balance target
Table Of Contents
Cover; Contents; I. Recent Developments and Outlook; Text Figures; Commercial Bank Deposits; Deposit Dollarization and Interest Rate Spread; International Reserves; Eurobond and Credit Default Swap Spreads; Cyclical Indicators; Contribution to Headline CPI Inflation; II. End-March Performance Under EPCA; Text Table; Foreign Assistance to the Government; III. Policies for 2009 and Beyond; Government FX Debt Service; Tables; 1. Selected Economic Indicators, 2006-09; 2. Quantitative Indicative Targets Under the Program Supported by Emergency Post-Conflict Assistance, December 2008-June 2009
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (14 p.)
Specific Material Designation
Form Of Item

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