Middle East Economic Survey
VOL. XLVII
No 30
26-July-2004
BUDGETS AND REVENUES
IMF Commends Lebanons Growth In 2003 But Warns Of Challenges Ahead
Lebanons real GDP growth in 2003 picked up to an estimated 3% with inflation remaining in the low single digits, despite the adverse effects of the war in Iraq, according to the IMF. In its latest Public Information Notice, issued on 7 July following the conclusion of Article IV consultation with Lebanon, the IMF noted that a positive external environment...
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