Lebanon: Use of Fund Resources: Request for Emergency Post-Conflict Assistance: Staff Report; and Press Release on the Executive Board Discussion
Electronic Access:
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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.
Series:
Country Report No. 2007/177
Subject:
Commercial banks Currencies Expenditure Financial institutions Government debt management Money Public debt Public financial management (PFM)
English
Publication Date:
May 18, 2007
ISBN/ISSN:
9781451822717/1934-7685
Stock No:
1LBNEA2007001
Pages:
82
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