Lebanon Economic Monitor, Fall 2021

• Ngôn ngữ: eng
• Ký hiệu phân loại: 974.81 Northeastern United States (New England and Middle
• Thông tin xuất bản: World Bank, Washington, DC, 2022
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 299422
• Chủ đề: 1. BANKING; 2. ECONOMIC GROWTH; 3. EXTERNAL SECTOR; 4. FISCAL TRENDS; 5. MONETARY POLICY

Tóm tắt

The scale and scope of Lebanon's deliberate depression are leading to the disintegration of key pillars of Lebanon's post-civil war political economy. Monetary and financial turmoil along with surging inflation continue to drive crisis conditions. Public finances improved in 2021 as spending collapsed faster than revenue. Lebanon urgently needs to adopt and implement a credible, comprehensive, equitable reform plan if it is to avoid a complete destruction of its social and economic networks and immediately stop irreversible loss of human capital.