Lebanon: Report on Interim Staff Visit

International Monetary Fund

No 2004/313, IMF Staff Country Reports from International Monetary Fund

Abstract: This Report on the Interim IMF Staff Visit to Lebanon provides information on economic and policy developments since the Article IV discussions of February–March 2004. It updates the IMF staff’s projections, medium-term framework, and related Debt Sustainability Analysis. All available indicators point to a significant acceleration in growth, which is projected to reach 5 percent in 2004. Strong export and tourism receipts and a recovery in construction activity are the driving factors behind the strengthening recovery. A modest acceleration of inflation to about 3 percent is expected in 2004.

Keywords: ISCR; CR; debt; net; deposit; asset; financing; Lebanese pound; central bank; debt exchange; net financing; financial support; return on equity; debt cancellation; asset diversification; Commercial banks; Currencies; Bank deposits; Global (search for similar items in EconPapers)
Pages: 41
Date: 2004-09-30
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