Lebanon; Use of Fund Resources: Request for Emergency Post-Conflict Assistance: Staff Report; and Press Release on the Executive Board Discussion

This report reviews the Emergency Post-Conflict Assistance (EPCA) given to Lebanon after the conflict with Israel in 2006. The five-week conflict with Israel in 2006 and the month-long blockade that followed inflicted a heavy human and economic toll on Lebanon. EPCA would provide an appropriate transition to 2008, when fiscal adjustment is envisaged to commence. The authorities intend to seek IMF support through a Stand-By Arrangement (SBA), following satisfactory implementation of the EPCA program and after the immediate impact of the conflict has been addressed and the current political stalemate resolved.

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Year of publication:	2007-05-18
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Commercial banks \| Debt sustainability analysis \| Economic indicators \| Exchange rates \| Financial soundness indicators \| Gross domestic product \| Interest rates \| Letters of Intent \| Post-conflict emergency assistance \| Public debt \| Press communiques \| Staff appraisals \| Staff Reports \| central bank \| fiscal adjustment \| external debt \| debt service \| debt reduction \| debt sustainability \| currency debt \| current account \| foreign currency debt \| fiscal program \| balance of payments \| debt ratio \| public sector debt \| domestic currency \| government debt \| government revenue \| external financing \| public finances \| primary expenditure \| fiscal balance \| primary deficit \| fiscal effort \| tax revenue \| primary fiscal balance \| external debt service \| current account balance \| repurchases \| net debt \| public finance \| short-term debt \| budget balance \| debt management \| tax administration \| debt overhang \| capital expenditure \| fiscal deficit \| budget deficit \| external public debt \| bilateral donors \| budget support \| interest expenditure \| debt dynamics \| fiscal reform \| public expenditure \| liquidity injection \| imf repurchases \| debt exchange \| fiscal reforms \| fiscal shock \| private creditors \| fiscal surplus \| fiscal stance \| total external debt \| expenditure reform \| revenue collection \| long term debt \| budgetary impact \| debt management issues \| fiscal tightening \| official creditors \| debt burden \| liquidity injections \| domestic public debt \| fiscal reform program \| budget process \| budgetary implications \| credit tranche \| domestic financial market \| accumulation of arrears \| fiscal assumptions \| fiscal impact \| tax revenues \| budget management \| public expenditure reform \| debt stock \| fiscal space \| capital expenditures \| repayments \| primary budget deficit \| tax policy \| government spending \| fiscal projections \| debt situation \| current account deficit

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 07/177 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242486