## Lebanon: Staff Report for the 2006 Article IV Consultation

_IMF Staff Country Reports, June 9, 2006_

## Source details

**Canonical URL:** [Lebanon: Staff Report for the 2006 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/lebanon-staff-report-for-the-2006-article-iv-consultation-19321)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/lebanon-staff-report-for-the-2006-article-iv-consultation-19321/index.md)
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## Bibliographic details
- Published: June 9, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451822694.002

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### Executive summary and key findings
- 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.
- The proactive stance of banking sector supervision was welcomed.
- Recommendation to adopt a strong securities regulator with adequate legal protection to enhance the stability of the stock market.

### Policy recommendations and structural reforms
- Reduce red tape and corruption to strengthen the environment for private sector activity.
- Reactivate the liberalization and privatization of the telecom sector.
- Strengthen contract enforcement.
- Accelerate structural reforms to support private sector development and financial stability.

### Financial sector and market stability
- Support for continued, proactive banking sector supervision as a pillar of financial stability.
- Encourage establishment of a strong securities regulator with adequate legal protection to enhance stock market stability.

### Publication and document specifics
- Pages: 60
- Volume: 2006
- Issue: 201
- Series: Country Report No. 2006/201
- DOI: https://doi.org/10.5089/9781451822694.002
- Stock No: 1LBNEA2006002
- ISBN: 9781451822694
- ISSN: 1934-7685
- Publication date on page: June 9, 2006

*Source: Lebanon: Staff Report for the 2006 Article IV Consultation (IMF Staff Country Reports).*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/lebanon-staff-report-for-the-2006-article-iv-consultation-19321_