Lebanon : Use of Fund Resources: Request for Emergency Post-Conflict Assistance: Staff Report; and Press Release on the Executive Board Discussion

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Release Date: © May, 2007
ISBN : 978-1-45182-271-7
Stock #: 1LBNEA2007001
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This report reviews the Emergency Post-Conflict Assistance (EPCA) given to Lebanon after the conflict with Israel in 2006. The five-week conflict with Israel in 2006 and the month-long blockade that followed inflicted a heavy human and economic toll on Lebanon. EPCA would provide an appropriate transition to 2008, when fiscal adjustment is envisaged to commence. The authorities intend to seek IMF support through a Stand-By Arrangement (SBA), following satisfactory implementation of the EPCA program and after the immediate impact of the conflict has been addressed and the current political stalemate resolved.


Balance of payments , Balance of trade , Economic policy , Exchange rate policy , Exports , Foreign exchange , IMF governance and operations , Imports , International trade , Monetary policy , Operations , Use of Fund Resources

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