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

May 18, 2007

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Format: Chicago

Lebanon: Use of Fund Resources: Request for Emergency Post-Conflict Assistance: Staff Report; and Press Release on the Executive Board Discussion, (USA: International Monetary Fund, 2007) accessed September 19, 2024

Summary

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.

Subject: Commercial banks, Currencies, Expenditure, Financial institutions, Government debt management, Money, Public debt, Public financial management (PFM)

Keywords: Banque du Liban, Commercial banks, CR, Currencies, Debt, Debt reduction objective, Emergency Post-Conflict Assistance, Global, Government debt management, IMF's support, ISCR, Middle East, Net, Objectives of the IMF, Private sector, Reform program

Publication Details

Pages:

82
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/177
Stock No:

1LBNEA2007001
ISBN:

9781451822717
ISSN:

1934-7685

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