Middle East Economic Survey

VOL. LII

No 48

30-Nov-2009

Lebanon

Lebanon Meets EPCA Objectives, IMF Says

Lebanon has shown a marked resilience to the global economic downturn and is poised to see a GDP growth of 7% this year, up from a previous estimate of 4%, the IMF predicts. In a 12 November report on the countrys performance under the program supported by Emergency Post-Conflict Assistance (EPCA), the IMF said that the programs two main objectives reducing the government debt-to-GDP ratio and...