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

Lebanon by International Monetary Fund
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The economic performance of Lebanon was significantly better despite difficult political conditions under the Emergency Post-Conflict Assistance (EPCA). With lackluster growth and fiscal tightness, the external current account deficit needs to be improved. There is limited scope for fiscal policy actions. The government faces substantial gross financing needs and remains vulnerable to changes in regional liquidity and demand. Increased inflation could worsen the fiscal outlook. In view of this, the authorities have expressed interest in continued quarterly monitoring of Lebanon's economic policies and performance by the IMF.
International Monetary Fund; May 2008
13 pages; ISBN 9781452789163
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Title: Lebanon
Author: International Monetary Fund