Lebanon Economic Monitoring Note, September 2012

The stalemate between domestic political forces continues to impede reforms while the ongoing Syrian conflict is imposing a security, political, and economic toll on Lebanon. The stalemate in the executive and legislative branches of government remains an impediment to reforms. Important bills, regulations and appointments are still pending in cabinet and Parliament. This deadlock could well last until the June 2013 Parliamentary elections. The Syrian crisis is fueling political divide among sectarian lines in Lebanon, leading to sporadic violence incidents across the country. These incidents have materially impacted the economy, with sectors such as tourism strongly affected. Politically, the turmoil has sparked social unrest and overshadowed the reform drive. To tackle the situation, the government devised a minimum political understanding to restore order in the country. Political backing for a large security operation has also been given; results have yet to fully materialize. The fiscal deficit and public debt positions remain major challenges for the Lebanese economy. The fiscal deficit deteriorated somewhat during the first half of the year. Notwithstanding this slight widening of the fiscal balance, public debt continues its recent downward trend. Rising international commodity prices and the Syrian crisis are adding further pressure on both trade and current account deficits.

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Bibliographic Details
Main Author: World Bank
Format: Report biblioteca
Language:English
en_US
Published: Washington, DC 2012-09
Subjects:ACCOUNTING, ADMINISTRATIVE CAPACITY, ASSETS, AUDITING, BALANCE SHEET, BANKING SYSTEM, BANQUE DU LIBAN, BASIS POINTS, BIDS, BILL, BILLS, BORROWING, BUFFER, BUSINESS CYCLE, BUSINESS ENVIRONMENT, CAPITAL GAINS, CAPITAL INFLOWS, CDS, CENTRAL BANK, CERTIFICATES OF DEPOSITS, CHECKS, CIVIL SERVICE, COMMERCIAL BANK, COMMERCIAL BANKS, COMMODITY, COMMODITY PRICES, COMPETITION POLICIES, COMPETITIVENESS, CONSUMER PRICE INDEX, CREDIT MARKET, CREDITORS, CURRENT ACCOUNT, CURRENT ACCOUNT DEFICIT, CURRENT ACCOUNT DEFICITS, DEBT COMPOSITION, DEBT LEVEL, DEBT MANAGEMENT, DEBT RATIO, DEBT SERVICE, DEBT SWAP, DEMAND DEPOSITS, DEPOSITORS, DEPOSITS, DOMESTIC CONSUMPTION, DOMESTIC DEMAND, DOMESTIC INTEREST RATE, DOMESTIC MARKETS, ECONOMIC ACTIVITY, EQUIPMENT, EXCHANGE RATE, EXCHANGE RATE RISK, EXPENDITURE, EXPENDITURES, EXPOSURE, EXTERNAL DEBT, FINANCIAL INFLOWS, FINANCIAL MANAGEMENT, FINANCIAL SECTOR, FINANCIAL SECTOR INDICATORS, FISCAL BALANCE, FISCAL DEFICIT, FISCAL DISCIPLINE, FISCAL POLICY, FOOD PRICE, FOOD PRICES, FOREIGN ASSETS, FOREIGN CURRENCIES, FOREIGN CURRENCY, FOREIGN CURRENCY RESERVES, FOREIGN RESERVES, GENERAL EQUILIBRIUM, GOVERNMENT PAPERS, GOVERNMENT SPENDING, GROWTH RATES, HOUSEHOLDS, HOUSING, IMPORT, IMPORTS, INFLATION, INFLATIONARY PRESSURES, INFLOW OF CAPITAL, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE INVESTMENTS, INTEREST PAYMENTS, INTEREST RATE, INTEREST RATE PAYMENTS, INTEREST RATES, INTERNATIONAL INTEREST, INTERNATIONAL INTEREST RATES, JOB CREATION, LARGE CITIES, LAWS, LIQUIDITY, MACROECONOMIC VOLATILITY, MATURITIES, MATURITY, MIGRATION, MONETARY POLICY, MONEY SUPPLY, NATURAL RESOURCES, OIL PRICE, PENSION, PETROLEUM PRICES, POLITICAL UNCERTAINTY, POVERTY REDUCTION, PRICE INCREASE, PRIVATE SECTOR CREDIT, PRIVATE SECTOR GROWTH, PUBLIC DEBT, PUBLIC FINANCE, PUBLIC INVESTMENTS, PUBLIC SPENDING, REAL ESTATE, RECEIPTS, REGIONAL SHOCKS, REGISTRATION FEE, REGISTRATION FEES, REGULATORY AUTHORITY, RESERVE, RESERVE REQUIREMENTS, RESERVES, SLOW GROWTH, SLOWDOWN, SOCIAL DEMANDS, SOCIAL SECURITY, SOVEREIGN DEBT, SOVEREIGN RISK, STOCKS, STRUCTURAL PROBLEM, STRUCTURAL REFORMS, SUPPLY CHAIN, SURPLUS, TAX, TAX ON INTEREST INCOME, TAX REFORMS, TAX SYSTEM, TAXATION, TERM DEPOSITS, TOTAL DEBT, TRADE DEFICIT, TRADE DEFICITS, TRANSPARENCY, TRANSPORT, TREASURY, UNEMPLOYMENT, UNIONS, UPWARD PRESSURE, WEIGHTS,
Online Access:http://documents.worldbank.org/curated/en/736581468054669841/Lebanon-Economic-monitoring-note
https://hdl.handle.net/10986/27076
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spelling dig-okr-10986270762024-08-08T14:50:52Z Lebanon Economic Monitoring Note, September 2012 World Bank ACCOUNTING ADMINISTRATIVE CAPACITY ASSETS AUDITING BALANCE SHEET BANKING SYSTEM BANQUE DU LIBAN BASIS POINTS BIDS BILL BILLS BORROWING BUFFER BUSINESS CYCLE BUSINESS ENVIRONMENT CAPITAL GAINS CAPITAL INFLOWS CDS CENTRAL BANK CERTIFICATES OF DEPOSITS CHECKS CIVIL SERVICE COMMERCIAL BANK COMMERCIAL BANKS COMMODITY COMMODITY PRICES COMPETITION POLICIES COMPETITIVENESS CONSUMER PRICE INDEX CREDIT MARKET CREDITORS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT COMPOSITION DEBT LEVEL DEBT MANAGEMENT DEBT RATIO DEBT SERVICE DEBT SWAP DEMAND DEPOSITS DEPOSITORS DEPOSITS DOMESTIC CONSUMPTION DOMESTIC DEMAND DOMESTIC INTEREST RATE DOMESTIC MARKETS ECONOMIC ACTIVITY EQUIPMENT EXCHANGE RATE EXCHANGE RATE RISK EXPENDITURE EXPENDITURES EXPOSURE EXTERNAL DEBT FINANCIAL INFLOWS FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SECTOR INDICATORS FISCAL BALANCE FISCAL DEFICIT FISCAL DISCIPLINE FISCAL POLICY FOOD PRICE FOOD PRICES FOREIGN ASSETS FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN CURRENCY RESERVES FOREIGN RESERVES GENERAL EQUILIBRIUM GOVERNMENT PAPERS GOVERNMENT SPENDING GROWTH RATES HOUSEHOLDS HOUSING IMPORT IMPORTS INFLATION INFLATIONARY PRESSURES INFLOW OF CAPITAL INFRASTRUCTURE INVESTMENT INFRASTRUCTURE INVESTMENTS INTEREST PAYMENTS INTEREST RATE INTEREST RATE PAYMENTS INTEREST RATES INTERNATIONAL INTEREST INTERNATIONAL INTEREST RATES JOB CREATION LARGE CITIES LAWS LIQUIDITY MACROECONOMIC VOLATILITY MATURITIES MATURITY MIGRATION MONETARY POLICY MONEY SUPPLY NATURAL RESOURCES OIL PRICE PENSION PETROLEUM PRICES POLITICAL UNCERTAINTY POVERTY REDUCTION PRICE INCREASE PRIVATE SECTOR CREDIT PRIVATE SECTOR GROWTH PUBLIC DEBT PUBLIC FINANCE PUBLIC INVESTMENTS PUBLIC SPENDING REAL ESTATE RECEIPTS REGIONAL SHOCKS REGISTRATION FEE REGISTRATION FEES REGULATORY AUTHORITY RESERVE RESERVE REQUIREMENTS RESERVES SLOW GROWTH SLOWDOWN SOCIAL DEMANDS SOCIAL SECURITY SOVEREIGN DEBT SOVEREIGN RISK STOCKS STRUCTURAL PROBLEM STRUCTURAL REFORMS SUPPLY CHAIN SURPLUS TAX TAX ON INTEREST INCOME TAX REFORMS TAX SYSTEM TAXATION TERM DEPOSITS TOTAL DEBT TRADE DEFICIT TRADE DEFICITS TRANSPARENCY TRANSPORT TREASURY UNEMPLOYMENT UNIONS UPWARD PRESSURE WEIGHTS The stalemate between domestic political forces continues to impede reforms while the ongoing Syrian conflict is imposing a security, political, and economic toll on Lebanon. The stalemate in the executive and legislative branches of government remains an impediment to reforms. Important bills, regulations and appointments are still pending in cabinet and Parliament. This deadlock could well last until the June 2013 Parliamentary elections. The Syrian crisis is fueling political divide among sectarian lines in Lebanon, leading to sporadic violence incidents across the country. These incidents have materially impacted the economy, with sectors such as tourism strongly affected. Politically, the turmoil has sparked social unrest and overshadowed the reform drive. To tackle the situation, the government devised a minimum political understanding to restore order in the country. Political backing for a large security operation has also been given; results have yet to fully materialize. The fiscal deficit and public debt positions remain major challenges for the Lebanese economy. The fiscal deficit deteriorated somewhat during the first half of the year. Notwithstanding this slight widening of the fiscal balance, public debt continues its recent downward trend. Rising international commodity prices and the Syrian crisis are adding further pressure on both trade and current account deficits. 2017-06-13T15:45:49Z 2017-06-13T15:45:49Z 2012-09 Report Rapport Informe http://documents.worldbank.org/curated/en/736581468054669841/Lebanon-Economic-monitoring-note https://hdl.handle.net/10986/27076 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ACCOUNTING
ADMINISTRATIVE CAPACITY
ASSETS
AUDITING
BALANCE SHEET
BANKING SYSTEM
BANQUE DU LIBAN
BASIS POINTS
BIDS
BILL
BILLS
BORROWING
BUFFER
BUSINESS CYCLE
BUSINESS ENVIRONMENT
CAPITAL GAINS
CAPITAL INFLOWS
CDS
CENTRAL BANK
CERTIFICATES OF DEPOSITS
CHECKS
CIVIL SERVICE
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICES
COMPETITION POLICIES
COMPETITIVENESS
CONSUMER PRICE INDEX
CREDIT MARKET
CREDITORS
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT DEFICITS
DEBT COMPOSITION
DEBT LEVEL
DEBT MANAGEMENT
DEBT RATIO
DEBT SERVICE
DEBT SWAP
DEMAND DEPOSITS
DEPOSITORS
DEPOSITS
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC INTEREST RATE
DOMESTIC MARKETS
ECONOMIC ACTIVITY
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE RISK
EXPENDITURE
EXPENDITURES
EXPOSURE
EXTERNAL DEBT
FINANCIAL INFLOWS
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SECTOR INDICATORS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSETS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN CURRENCY RESERVES
FOREIGN RESERVES
GENERAL EQUILIBRIUM
GOVERNMENT PAPERS
GOVERNMENT SPENDING
GROWTH RATES
HOUSEHOLDS
HOUSING
IMPORT
IMPORTS
INFLATION
INFLATIONARY PRESSURES
INFLOW OF CAPITAL
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATES
INTERNATIONAL INTEREST
INTERNATIONAL INTEREST RATES
JOB CREATION
LARGE CITIES
LAWS
LIQUIDITY
MACROECONOMIC VOLATILITY
MATURITIES
MATURITY
MIGRATION
MONETARY POLICY
MONEY SUPPLY
NATURAL RESOURCES
OIL PRICE
PENSION
PETROLEUM PRICES
POLITICAL UNCERTAINTY
POVERTY REDUCTION
PRICE INCREASE
PRIVATE SECTOR CREDIT
PRIVATE SECTOR GROWTH
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC INVESTMENTS
PUBLIC SPENDING
REAL ESTATE
RECEIPTS
REGIONAL SHOCKS
REGISTRATION FEE
REGISTRATION FEES
REGULATORY AUTHORITY
RESERVE
RESERVE REQUIREMENTS
RESERVES
SLOW GROWTH
SLOWDOWN
SOCIAL DEMANDS
SOCIAL SECURITY
SOVEREIGN DEBT
SOVEREIGN RISK
STOCKS
STRUCTURAL PROBLEM
STRUCTURAL REFORMS
SUPPLY CHAIN
SURPLUS
TAX
TAX ON INTEREST INCOME
TAX REFORMS
TAX SYSTEM
TAXATION
TERM DEPOSITS
TOTAL DEBT
TRADE DEFICIT
TRADE DEFICITS
TRANSPARENCY
TRANSPORT
TREASURY
UNEMPLOYMENT
UNIONS
UPWARD PRESSURE
WEIGHTS
ACCOUNTING
ADMINISTRATIVE CAPACITY
ASSETS
AUDITING
BALANCE SHEET
BANKING SYSTEM
BANQUE DU LIBAN
BASIS POINTS
BIDS
BILL
BILLS
BORROWING
BUFFER
BUSINESS CYCLE
BUSINESS ENVIRONMENT
CAPITAL GAINS
CAPITAL INFLOWS
CDS
CENTRAL BANK
CERTIFICATES OF DEPOSITS
CHECKS
CIVIL SERVICE
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICES
COMPETITION POLICIES
COMPETITIVENESS
CONSUMER PRICE INDEX
CREDIT MARKET
CREDITORS
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT DEFICITS
DEBT COMPOSITION
DEBT LEVEL
DEBT MANAGEMENT
DEBT RATIO
DEBT SERVICE
DEBT SWAP
DEMAND DEPOSITS
DEPOSITORS
DEPOSITS
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC INTEREST RATE
DOMESTIC MARKETS
ECONOMIC ACTIVITY
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE RISK
EXPENDITURE
EXPENDITURES
EXPOSURE
EXTERNAL DEBT
FINANCIAL INFLOWS
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SECTOR INDICATORS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSETS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN CURRENCY RESERVES
FOREIGN RESERVES
GENERAL EQUILIBRIUM
GOVERNMENT PAPERS
GOVERNMENT SPENDING
GROWTH RATES
HOUSEHOLDS
HOUSING
IMPORT
IMPORTS
INFLATION
INFLATIONARY PRESSURES
INFLOW OF CAPITAL
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATES
INTERNATIONAL INTEREST
INTERNATIONAL INTEREST RATES
JOB CREATION
LARGE CITIES
LAWS
LIQUIDITY
MACROECONOMIC VOLATILITY
MATURITIES
MATURITY
MIGRATION
MONETARY POLICY
MONEY SUPPLY
NATURAL RESOURCES
OIL PRICE
PENSION
PETROLEUM PRICES
POLITICAL UNCERTAINTY
POVERTY REDUCTION
PRICE INCREASE
PRIVATE SECTOR CREDIT
PRIVATE SECTOR GROWTH
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC INVESTMENTS
PUBLIC SPENDING
REAL ESTATE
RECEIPTS
REGIONAL SHOCKS
REGISTRATION FEE
REGISTRATION FEES
REGULATORY AUTHORITY
RESERVE
RESERVE REQUIREMENTS
RESERVES
SLOW GROWTH
SLOWDOWN
SOCIAL DEMANDS
SOCIAL SECURITY
SOVEREIGN DEBT
SOVEREIGN RISK
STOCKS
STRUCTURAL PROBLEM
STRUCTURAL REFORMS
SUPPLY CHAIN
SURPLUS
TAX
TAX ON INTEREST INCOME
TAX REFORMS
TAX SYSTEM
TAXATION
TERM DEPOSITS
TOTAL DEBT
TRADE DEFICIT
TRADE DEFICITS
TRANSPARENCY
TRANSPORT
TREASURY
UNEMPLOYMENT
UNIONS
UPWARD PRESSURE
WEIGHTS
spellingShingle ACCOUNTING
ADMINISTRATIVE CAPACITY
ASSETS
AUDITING
BALANCE SHEET
BANKING SYSTEM
BANQUE DU LIBAN
BASIS POINTS
BIDS
BILL
BILLS
BORROWING
BUFFER
BUSINESS CYCLE
BUSINESS ENVIRONMENT
CAPITAL GAINS
CAPITAL INFLOWS
CDS
CENTRAL BANK
CERTIFICATES OF DEPOSITS
CHECKS
CIVIL SERVICE
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICES
COMPETITION POLICIES
COMPETITIVENESS
CONSUMER PRICE INDEX
CREDIT MARKET
CREDITORS
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT DEFICITS
DEBT COMPOSITION
DEBT LEVEL
DEBT MANAGEMENT
DEBT RATIO
DEBT SERVICE
DEBT SWAP
DEMAND DEPOSITS
DEPOSITORS
DEPOSITS
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC INTEREST RATE
DOMESTIC MARKETS
ECONOMIC ACTIVITY
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE RISK
EXPENDITURE
EXPENDITURES
EXPOSURE
EXTERNAL DEBT
FINANCIAL INFLOWS
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SECTOR INDICATORS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSETS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN CURRENCY RESERVES
FOREIGN RESERVES
GENERAL EQUILIBRIUM
GOVERNMENT PAPERS
GOVERNMENT SPENDING
GROWTH RATES
HOUSEHOLDS
HOUSING
IMPORT
IMPORTS
INFLATION
INFLATIONARY PRESSURES
INFLOW OF CAPITAL
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATES
INTERNATIONAL INTEREST
INTERNATIONAL INTEREST RATES
JOB CREATION
LARGE CITIES
LAWS
LIQUIDITY
MACROECONOMIC VOLATILITY
MATURITIES
MATURITY
MIGRATION
MONETARY POLICY
MONEY SUPPLY
NATURAL RESOURCES
OIL PRICE
PENSION
PETROLEUM PRICES
POLITICAL UNCERTAINTY
POVERTY REDUCTION
PRICE INCREASE
PRIVATE SECTOR CREDIT
PRIVATE SECTOR GROWTH
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC INVESTMENTS
PUBLIC SPENDING
REAL ESTATE
RECEIPTS
REGIONAL SHOCKS
REGISTRATION FEE
REGISTRATION FEES
REGULATORY AUTHORITY
RESERVE
RESERVE REQUIREMENTS
RESERVES
SLOW GROWTH
SLOWDOWN
SOCIAL DEMANDS
SOCIAL SECURITY
SOVEREIGN DEBT
SOVEREIGN RISK
STOCKS
STRUCTURAL PROBLEM
STRUCTURAL REFORMS
SUPPLY CHAIN
SURPLUS
TAX
TAX ON INTEREST INCOME
TAX REFORMS
TAX SYSTEM
TAXATION
TERM DEPOSITS
TOTAL DEBT
TRADE DEFICIT
TRADE DEFICITS
TRANSPARENCY
TRANSPORT
TREASURY
UNEMPLOYMENT
UNIONS
UPWARD PRESSURE
WEIGHTS
ACCOUNTING
ADMINISTRATIVE CAPACITY
ASSETS
AUDITING
BALANCE SHEET
BANKING SYSTEM
BANQUE DU LIBAN
BASIS POINTS
BIDS
BILL
BILLS
BORROWING
BUFFER
BUSINESS CYCLE
BUSINESS ENVIRONMENT
CAPITAL GAINS
CAPITAL INFLOWS
CDS
CENTRAL BANK
CERTIFICATES OF DEPOSITS
CHECKS
CIVIL SERVICE
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICES
COMPETITION POLICIES
COMPETITIVENESS
CONSUMER PRICE INDEX
CREDIT MARKET
CREDITORS
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT DEFICITS
DEBT COMPOSITION
DEBT LEVEL
DEBT MANAGEMENT
DEBT RATIO
DEBT SERVICE
DEBT SWAP
DEMAND DEPOSITS
DEPOSITORS
DEPOSITS
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC INTEREST RATE
DOMESTIC MARKETS
ECONOMIC ACTIVITY
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE RISK
EXPENDITURE
EXPENDITURES
EXPOSURE
EXTERNAL DEBT
FINANCIAL INFLOWS
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SECTOR INDICATORS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSETS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN CURRENCY RESERVES
FOREIGN RESERVES
GENERAL EQUILIBRIUM
GOVERNMENT PAPERS
GOVERNMENT SPENDING
GROWTH RATES
HOUSEHOLDS
HOUSING
IMPORT
IMPORTS
INFLATION
INFLATIONARY PRESSURES
INFLOW OF CAPITAL
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATES
INTERNATIONAL INTEREST
INTERNATIONAL INTEREST RATES
JOB CREATION
LARGE CITIES
LAWS
LIQUIDITY
MACROECONOMIC VOLATILITY
MATURITIES
MATURITY
MIGRATION
MONETARY POLICY
MONEY SUPPLY
NATURAL RESOURCES
OIL PRICE
PENSION
PETROLEUM PRICES
POLITICAL UNCERTAINTY
POVERTY REDUCTION
PRICE INCREASE
PRIVATE SECTOR CREDIT
PRIVATE SECTOR GROWTH
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC INVESTMENTS
PUBLIC SPENDING
REAL ESTATE
RECEIPTS
REGIONAL SHOCKS
REGISTRATION FEE
REGISTRATION FEES
REGULATORY AUTHORITY
RESERVE
RESERVE REQUIREMENTS
RESERVES
SLOW GROWTH
SLOWDOWN
SOCIAL DEMANDS
SOCIAL SECURITY
SOVEREIGN DEBT
SOVEREIGN RISK
STOCKS
STRUCTURAL PROBLEM
STRUCTURAL REFORMS
SUPPLY CHAIN
SURPLUS
TAX
TAX ON INTEREST INCOME
TAX REFORMS
TAX SYSTEM
TAXATION
TERM DEPOSITS
TOTAL DEBT
TRADE DEFICIT
TRADE DEFICITS
TRANSPARENCY
TRANSPORT
TREASURY
UNEMPLOYMENT
UNIONS
UPWARD PRESSURE
WEIGHTS
World Bank
Lebanon Economic Monitoring Note, September 2012
description The stalemate between domestic political forces continues to impede reforms while the ongoing Syrian conflict is imposing a security, political, and economic toll on Lebanon. The stalemate in the executive and legislative branches of government remains an impediment to reforms. Important bills, regulations and appointments are still pending in cabinet and Parliament. This deadlock could well last until the June 2013 Parliamentary elections. The Syrian crisis is fueling political divide among sectarian lines in Lebanon, leading to sporadic violence incidents across the country. These incidents have materially impacted the economy, with sectors such as tourism strongly affected. Politically, the turmoil has sparked social unrest and overshadowed the reform drive. To tackle the situation, the government devised a minimum political understanding to restore order in the country. Political backing for a large security operation has also been given; results have yet to fully materialize. The fiscal deficit and public debt positions remain major challenges for the Lebanese economy. The fiscal deficit deteriorated somewhat during the first half of the year. Notwithstanding this slight widening of the fiscal balance, public debt continues its recent downward trend. Rising international commodity prices and the Syrian crisis are adding further pressure on both trade and current account deficits.
format Report
topic_facet ACCOUNTING
ADMINISTRATIVE CAPACITY
ASSETS
AUDITING
BALANCE SHEET
BANKING SYSTEM
BANQUE DU LIBAN
BASIS POINTS
BIDS
BILL
BILLS
BORROWING
BUFFER
BUSINESS CYCLE
BUSINESS ENVIRONMENT
CAPITAL GAINS
CAPITAL INFLOWS
CDS
CENTRAL BANK
CERTIFICATES OF DEPOSITS
CHECKS
CIVIL SERVICE
COMMERCIAL BANK
COMMERCIAL BANKS
COMMODITY
COMMODITY PRICES
COMPETITION POLICIES
COMPETITIVENESS
CONSUMER PRICE INDEX
CREDIT MARKET
CREDITORS
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
CURRENT ACCOUNT DEFICITS
DEBT COMPOSITION
DEBT LEVEL
DEBT MANAGEMENT
DEBT RATIO
DEBT SERVICE
DEBT SWAP
DEMAND DEPOSITS
DEPOSITORS
DEPOSITS
DOMESTIC CONSUMPTION
DOMESTIC DEMAND
DOMESTIC INTEREST RATE
DOMESTIC MARKETS
ECONOMIC ACTIVITY
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE RISK
EXPENDITURE
EXPENDITURES
EXPOSURE
EXTERNAL DEBT
FINANCIAL INFLOWS
FINANCIAL MANAGEMENT
FINANCIAL SECTOR
FINANCIAL SECTOR INDICATORS
FISCAL BALANCE
FISCAL DEFICIT
FISCAL DISCIPLINE
FISCAL POLICY
FOOD PRICE
FOOD PRICES
FOREIGN ASSETS
FOREIGN CURRENCIES
FOREIGN CURRENCY
FOREIGN CURRENCY RESERVES
FOREIGN RESERVES
GENERAL EQUILIBRIUM
GOVERNMENT PAPERS
GOVERNMENT SPENDING
GROWTH RATES
HOUSEHOLDS
HOUSING
IMPORT
IMPORTS
INFLATION
INFLATIONARY PRESSURES
INFLOW OF CAPITAL
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE INVESTMENTS
INTEREST PAYMENTS
INTEREST RATE
INTEREST RATE PAYMENTS
INTEREST RATES
INTERNATIONAL INTEREST
INTERNATIONAL INTEREST RATES
JOB CREATION
LARGE CITIES
LAWS
LIQUIDITY
MACROECONOMIC VOLATILITY
MATURITIES
MATURITY
MIGRATION
MONETARY POLICY
MONEY SUPPLY
NATURAL RESOURCES
OIL PRICE
PENSION
PETROLEUM PRICES
POLITICAL UNCERTAINTY
POVERTY REDUCTION
PRICE INCREASE
PRIVATE SECTOR CREDIT
PRIVATE SECTOR GROWTH
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC INVESTMENTS
PUBLIC SPENDING
REAL ESTATE
RECEIPTS
REGIONAL SHOCKS
REGISTRATION FEE
REGISTRATION FEES
REGULATORY AUTHORITY
RESERVE
RESERVE REQUIREMENTS
RESERVES
SLOW GROWTH
SLOWDOWN
SOCIAL DEMANDS
SOCIAL SECURITY
SOVEREIGN DEBT
SOVEREIGN RISK
STOCKS
STRUCTURAL PROBLEM
STRUCTURAL REFORMS
SUPPLY CHAIN
SURPLUS
TAX
TAX ON INTEREST INCOME
TAX REFORMS
TAX SYSTEM
TAXATION
TERM DEPOSITS
TOTAL DEBT
TRADE DEFICIT
TRADE DEFICITS
TRANSPARENCY
TRANSPORT
TREASURY
UNEMPLOYMENT
UNIONS
UPWARD PRESSURE
WEIGHTS
author World Bank
author_facet World Bank
author_sort World Bank
title Lebanon Economic Monitoring Note, September 2012
title_short Lebanon Economic Monitoring Note, September 2012
title_full Lebanon Economic Monitoring Note, September 2012
title_fullStr Lebanon Economic Monitoring Note, September 2012
title_full_unstemmed Lebanon Economic Monitoring Note, September 2012
title_sort lebanon economic monitoring note, september 2012
publisher Washington, DC
publishDate 2012-09
url http://documents.worldbank.org/curated/en/736581468054669841/Lebanon-Economic-monitoring-note
https://hdl.handle.net/10986/27076
work_keys_str_mv AT worldbank lebanoneconomicmonitoringnoteseptember2012
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