Lebanon: 2010 Article IV Consultation: Staff Report; Staff Statement: Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lebanon
Electronic Access:
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Summary:
In this study, Lebanon’s economy performed well during the global financial crisis. The banking sector has been resilient in the face of the global crisis, thanks to relatively conservative funding and asset structures, and prudent banking regulations and supervision. The need to address the high government debt and to implement growth-enhancing structural reforms is emphasized. To underpin the medium-term fiscal strategy and growth, Executive Directors encouraged the authorities to take the opportunity of the positive economic environment to implement structural reforms.
Series:
Country Report No. 2010/306
Subject:
Banking Commercial banks Expenditure External debt Financial institutions Fiscal policy Fiscal stance Public debt Public investment and public-private partnerships (PPP)
English
Publication Date:
October 8, 2010
ISBN/ISSN:
9781455208586/1934-7685
Stock No:
1LBNEA2010001
Pages:
61
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