Lebanon : Staff Report for the 2006 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

June 9, 2006

Electronic Access:

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Summary:

Lebanon recovered from the financial shock triggered by Prime Minister Hariri’s assassination. Executive Directors supported the strategy of debt reduction through sustained fiscal adjustment. They welcomed the proactive stance of banking sector supervision and encouraged adoption of a strong securities regulator with adequate legal protection to enhance the stability of the stock market. They stressed the need to strengthen the environment for private sector activity by reducing red tape and corruption, reactivating the liberalization and privatization of the telecom sector, strengthening contract enforcement, and accelerating structural reforms.

Series:

Country Report No. 06/201

Subject:

English

Publication Date:

June 9, 2006

ISBN/ISSN:

9781451822694/1934-7685

Stock No:

1LBNEA2006002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

60

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