Middle East Economic Survey

VOL. LII

No 17

27-Apr-2009

Lebanon

IMF Says Lebanon So Far Unaffected By Global Financial Crisis

The Lebanese financial system has so far weathered the global financial crisis, according to the International Monetary Fund (IMF) in its Article IV consultation with Lebanon, published on 17 April. The IMF noted that deposit inflows, which decelerated briefly in the aftermath of the Lehman Brothers bankruptcy, resumed at a rapid pace since then, with a steady decline in...