Lebanon: Selected Issues

January 24, 2017

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Format: Chicago

Lebanon: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This Selected Issues paper analyzes the impact of the Syrian crisis on Lebanon’s economy. Output growth in Lebanon has fallen sharply since the onset of the Syrian crisis and is too low to accommodate new job seekers, or to address the needs of Lebanon’s more vulnerable population. Moreover, low growth is taking a toll on public debt dynamics, raising the prospect of higher borrowing costs and constrained social and investment spending—both are much needed to improve the quality of public spending and direct it toward more useful and productive uses. The authorities have presented an ambitious proposal to the international community, which centers on a multiyear effort to stimulate growth and employment through a targeted series of investment initiatives.

Subject: Balance of payments, Labor, Labor markets, Oil prices, Remittances, Revenue administration, Revenue performance assessment, Tax gap, Taxes, Value-added tax

Keywords: Capital stock, Compliance gap, CR, GDP, Global, Investment climate, ISCR, Knowledge economy sector, Labor markets, Lebanon, Remittance, Remittance channel, Remittances, Remittances inflow, Tax gap, Value-added tax, VAT

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/020
Stock No:

1LBNEA2017002
ISBN:

9781475570625
ISSN:

1934-7685

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