imf hails economic measures taken by lebanese government
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

As It Improved

IMF hails economic measures taken by Lebanese government

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today IMF hails economic measures taken by Lebanese government

The International Monetary Fund (IMF)
Beirut - Al Maghrib Today

The International Monetary Fund (IMF) announced that the Lebanese economy has shown resilience despite the burden of Syrian refugees escaping the war in their country. Yet, IMF warned Lebanon that it should control the sovereign debts.
Chris Jarvis, an IMF official who led the Washington-based lender’s visit to Beirut this week, stated that the Lebanese economy is known for its resiliency and has succeeded several times in overcoming shocks.
He added that Syrian refugees represent now quarter the Lebanese population and they cause a pressing need to put the economy on a sustainable track and to stop the increase in public debt. “Lebanon’s economic conditions remain challenging and regional spillovers continue to dominate the near-term outlook,” said Jarvis.
“Lebanon has made political progress in recent months with the new electoral law ratified in parliament, paving the way for the first parliamentary elections in eight years. Despite these developments, we expect real growth to remain subdued in 2017,” added the IMF.
Jarvis and the accompanying delegation visited Beirut in Sept. 7-13 to showcase economic and financial developments in Lebanon, to evaluate economic dimensions and to discuss the policies’ priorities.
At the conclusion of the meeting, he said: “My team and I had the privilege of meeting with President Michel Aoun, Prime Minister Saad Hariri, Central Bank Governor Riad Salame, Director General of Finance Alain Bifani, Minister of State for Displaced Affairs Mouein Merehbi, and Minister of State for Combating Corruption Nicolas Tueni.”
“Lebanon’s economy is known for its resilience, and it has repeatedly managed to weather significant shocks. To preserve confidence there is an urgent need to place the economy on a sustainable path and halt the rise in public debt. Front-loaded fiscal adjustment is needed based on revenue measures, increasing tax compliance, increasing fuel taxation, and re-balanced spending, including by reducing costly electricity transfers,” he added.
“The authorities can also promote sustainable growth through structural reforms, including by taking steps to improve the business climate. There is a need to improve the institutional framework before undertaking large investment projects and to assess the risks and potential fiscal costs arising from any Public-Private Partnership projects. Passing a budget—the first in more than a decade—with reliable fiscal adjustment measures would send a strong signal of commitment to reduce public debt and will boost confidence.”​ ​
 

 

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf hails economic measures taken by lebanese government imf hails economic measures taken by lebanese government

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf hails economic measures taken by lebanese government imf hails economic measures taken by lebanese government

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 07:43 2017 Monday ,16 October

'Final phase' of battle for Raqa

GMT 07:58 2011 Monday ,17 October

Chinese stocks close 0.37 pct higher Monday

GMT 13:38 2011 Friday ,11 November

Tips to great skin and hair

GMT 16:57 2017 Tuesday ,24 January

Bahrain condemns attack on market

GMT 19:36 2017 Thursday ,13 April

Despite warning, Assad regime uses barrel bombs

GMT 18:42 2017 Tuesday ,11 April

Muscat Securities Market Loses 29 Points

GMT 11:44 2014 Saturday ,01 November

Arab League council to hold emergency meeting Sunday

GMT 09:21 2011 Monday ,17 October

Tulisa showed on X Factor

GMT 18:08 2017 Tuesday ,17 January

Jordanian Royal Decree Approves Cabinet Reshuffle

GMT 09:07 2011 Sunday ,12 June

Israel to allow limited goods into Gaza

GMT 12:16 2011 Saturday ,18 June

Marilyn Monroe dress stars in Hollywood sale

GMT 13:42 2011 Sunday ,30 October

Watermelon helps reduce atherosclerosis

GMT 21:45 2017 Thursday ,27 April

US dollar exchange rate stable at major banks

GMT 13:20 2018 Monday ,01 January

Lewis Hamilton Instagram account emptied

GMT 22:09 2017 Monday ,24 July

'Dunkirk' captures N. American box office

GMT 02:55 2017 Sunday ,30 April

EU tightens Brexit demands on residence, banks

GMT 10:46 2015 Sunday ,11 January

DWTC to welcome over 130,000 visitors

GMT 06:35 2017 Friday ,15 December

Mennat-Allah underlines importance of landscapes

GMT 15:10 2011 Monday ,20 June

American woman locks horns with \'employer\'
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday