Lebanon: Report on Observance of Standards and Codes-Fiscal Transparency Module

International Monetary Fund

No 2005/158, IMF Staff Country Reports from International Monetary Fund

Abstract: This Report assesses the Observance of Standards and Codes on Fiscal Transparency for Lebanon. There appears to be insufficient public understanding of, or interest in, the critical need for sustained fiscal reforms. The government’s program of reform needs to be based on more analysis, including a clearly articulated vision of what the strengths and problems are. The successful implementation of medium-term objectives requires a revamping of the way the government plans, executes, and assumes responsibility for its actions, hence of all elements of budget preparation and execution.

Keywords: ISCR; CR; accounting system; government equity holding; water authorities; financial situation; government activity; government support; holding company; line item; State reform; electricity company; parliamentary debate; central bank; Budget planning and preparation; Fiscal accounting and reporting; Budget execution and treasury management; External audit; Middle East (search for similar items in EconPapers)
Pages: 37
Date: 2005-05-16
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