Showing 1 - 6 of 6
This 2016 Article IV Consultation highlights that Lebanon's economic growth remains subdued. Following a sharp drop in 2011, growth edged upward briefly to 2-3 percent, but has now slowed again. The IMF staff estimates that GDP increased by 1 percent in 2015, and a similar growth rate in 2016 is...
Persistent link: https://www.econbiz.de/10011690878
This paper discusses findings of the assessment of Lebanon's financial system. Lebanon has maintained financial stability for the last quarter century during repeated shocks and challenges. Over time, macroeconomic and financial vulnerabilities have accumulated. Although central bank policies...
Persistent link: https://www.econbiz.de/10011690879
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...
Persistent link: https://www.econbiz.de/10011690880
This 2019 Article IV Consultation with Lebanon highlights that Lebanon's economic position continues to be very difficult, with very low growth, high public debt and large twin deficits. While financial stability has been maintained, deposit inflows, critical to finance the budget and external...
Persistent link: https://www.econbiz.de/10012122717
This Selected Issues paper studies the inefficiencies related to the electricity sector and assesses the potential impact of the 2019 reform plan. Electricity shortages are the second constraint to competitiveness reported by businesses in Lebanon, based on the Enterprise Survey conducted by the...
Persistent link: https://www.econbiz.de/10012122731
The Syrian crisis and the associated inflow of refugees continue to dominate Lebanon’s short-term outlook, compounding long-standing policy weaknesses and vulnerabilities. Political paralysis has set in, with virtually no progress on the structural front. Growth has remained modest and...
Persistent link: https://www.econbiz.de/10012693961