1.

Record Nr.

UNINA9910162924603321

Titolo

Lebanon : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lebanon

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2017

ISBN

9781475570939

1475570937

9781475570977

147557097X

Descrizione fisica

1 online resource (71 pages) : illustrations (some color), graphs, tables

Collana

IMF Staff Country Reports

Disciplina

330.9569204

Soggetti

Banks and Banking

Finance: General

Foreign Exchange

Macroeconomics

Public Finance

Statistics

Debt

Debt Management

Sovereign Debt

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

General Financial Markets: Government Policy and Regulation

Taxation, Subsidies, and Revenue: General

Energy: Demand and Supply

Prices

Public finance & taxation

Banking

Currency

Foreign exchange

Finance

Econometrics & economic statistics

Public debt

Revenue administration

National accounts

Oil prices



Debts, Public

Banks and banking

Financial services industry

Revenue

Lebanon Economic conditions

Lebanon

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that Lebanon’s economic growth remains subdued. Following a sharp drop in 2011, growth edged upward briefly to 2–3 percent, but has now slowed again. The IMF staff estimates that GDP increased by 1 percent in 2015, and a similar growth rate in 2016 is projected. Lebanon’s traditional growth drivers—tourism, real estate, and construction—have received a significant blow and a strong rebound is unlikely based on current trends. In the absence of a turnaround in confidence, or a resolution of the Syrian conflict, growth is unlikely to return to potential (4 percent) soon.