Middle East Economic Survey

VOL. LII

No 35

31-Aug-2009

Political Deadlock Challenges Economic Reforms In Lebanon

Lebanon has so far weathered the global financial crisis much better than most countries in the Middle East and North Africa (MENA) region. The International Monetary Fund (IMF) has acknowledged that the Lebanese economy had shown a remarkable macroeconomic performance despite existing vulnerabilities. Commercial bank deposit inflows have remained strong and the Central Bank...