The 2003 Article IV Consultation highlights that Lebanon has been facing an unprecedented sovereign …

KEY ISSUES Context: The economy is being severely tested by the Syria crisis. The refugee influx has reached one … foundations for higher-productivity growth, and improve social conditions. • Refugee crisis. Lebanon cannot shoulder the costs of … the massive inflow of Syrian refugees alone, and international budget support is needed. Strong government commitment to …

Following the 15-year civil war that started in 1975, Lebanon's government began the difficult task of economic … infrastructure in preparation for private-sector-led growth over the medium term. At the same time, Lebanon introduced an exchange …