Lebanon : 2011 Article IV consultation : staff report, public information notice on the Executive Board discussion, and statement by the Executive Director for Lebanon /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2012.
Description:1 online resource (66 pages)
Language:English
Series:IMF country report ; no. 12/39
IMF country report ; no. 12/39.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500046
Hidden Bibliographic Details
Varying Form of Title:Lebanon, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund. Middle East and Central Asia Department.
ISBN:9781463952860
1463952864
9781463952877
1463952872
9781463939762
1463939760
9781463939762
Notes:"February 2012."
Includes bibliographical references.
Online resource; title from PDF title page (IMF Web site, viewed February 10, 2012).
Summary:Lebanon is facing a difficult global, regional, and domestic environment simultaneously for the first time in more than a decade. Domestic policies should aim at instilling confidence and tackling key policy challenges, such as preserving macroeconomic stability and paving the way for a more resilient, dynamic, and inclusive economy. The Banque du Liban (BdL) relied on its large foreign reserves build-up during the upswing to intervene forcefully when the Lebanese pound came under pressure from deposit outflows and currency conversions in the wake of the government crisis.