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Baalbek, Lebanon

Lebanon Local Office Site

IMF Local Office in Lebanon

This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Lebanon and the IMF. Additional information can be found on Lebanon and IMF country page, including official IMF reports and Executive Board documents in English that deal with Lebanon.

News — Highlights


IMF calls for strong domestic policies to face external challenges

An Interview with Najla Nakhle- Economist- Head of Local Office in Beirut published by the Daily Star on February 18, 2013. click for more

Lebanon: Real GDP Growth Analysis, 1997-2010

Based on the recently published official national accounts for 1997-2010, this paper presents an update about the main contributors to Lebanon’s real GDP growth, decomposes value-added by sector and demand components, discusses disposable income, and provides a regional comparison of GDP performance. It follows two notes published in July 2010 and March 2011. click for more

Middle East Economies Post Divergent Performance

The economic outlook for the Middle East and North Africa region is mixed. Most of the region’s oil-exporting countries are growing at healthy rates while the oil importers face subdued economic prospects, the IMF says in its latest assessment. click for more

Mideast Countries See Opportunity Amid Unrest

Recent uprisings in the Middle East and North Africa provide an opportunity for the region to lay the foundation for a socially inclusive growth agenda, but in the near term, oil-importing countries face multiple pressures stemming from higher crude prices and disruptions to economic activity, the IMF said in its latest assessment of the region. click for more

Regional Economic Outlook (April 2011) Launch by the IMF and Banque du Liban

The April 2011 Regional Economic Outlook (REO) for the Middle East and Central Asia will be presented in Beirut on Friday, April 29, 2011, at an event co-hosted by Banque du Liban and the IMF. Speakers will include H.E. Riad T. Salameh, BdL Governor, and Mr. Eric Mottu, IMF Resident Representative. [View the invitation] click for more

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Lebanon and The IMF

Designing a Fiscal Framework for a Prospective Commodity Producer: Options for Lebanon

October 23, 2014
Author/Editor: Mariusz Jarmuzek ; Diego Mesa Puyo ; Najla Nakhle
Series: Working Paper No. 14/193
 click for more

Transcript of the MENA and CCA Press Briefing

October 10, 2014

Transcript of the G-24 Press Briefing

October 9, 2014

Statement by the Hon. Ali Hassan Khalil, Governor of the World Bank Group for Lebanon, on behalf of the Arab Governors

October 8, 2014
PDF File Size: 174Kb click for more

Press Release: IMF’s Middle East Regional Technical Assistance Center Concludes Study Tour on VAT Implementation for the Afghanistan Revenue Department

September 12, 2014

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Regional Economic Outlook Update: Middle East & Central Asia

image from the publication cover

Growth has been tepid across the Middle East and North Africa, Afghanistan, and Pakistan (MENAP) region. In 2013, declines in oil production held back growth in the oil-exporting countries. Weak private investment, amid political transitions and conflict, continued to take a toll on economic activity in the oil-importing countries. Growth is expected to strengthen this year in line with an improved global outlook. However, weak confidence and, in some cases, large public deficits will continue to weigh on the region's economic prospects. Deeper economic transformations are necessary to ensure robust and inclusive growth and creation of enough jobs for the rapidly-growing labor force.

Economic growth in the Caucasus and Central Asia (CCA) is expected to decline from 6.5 percent in 2013 to 6 percent in 2014, mainly because of weakening growth momentum in emerging market trading partners (particularly, China, Russia, and Turkey) and a temporary decline in oil output growth in Kazakhstan. Risks remain tilted to the downside. In particular, a slowdown in emerging market trading partners may weaken exports, foreign direct investment, and remittances. Policy priorities center on rebuilding buffers and increasing exchange rate flexibility to help adjust to unanticipated shocks. Stronger macroeconomic frameworks would provide a more credible anchor to economies. Rapid credit growth in some countries calls for strengthening the prudential policies to ensure the continued soundness of financial institutions. Structural reforms to improve the business environment and governance, as well as closer regional cooperation, would enable CCA countries to achieve their goal of becoming dynamic emerging market economies. Click for more