![]() ![]() Staff’s judgment is that Lebanon continues to meet the eligibility criteria for EPCA.īalance of payments need. Their request is based on an economic program for 20 that builds on the achievements in 2007 ( Box 1), and seeks to further reduce the government debt-to-GDP ratio, build up the international reserve buffer, and start to implement key reforms under the Paris III framework.ģ. The authorities have requested a follow-up EPCA to continue benefiting from the macroeconomic and financial discipline provided by Fund involvement. The Doha agreement, brokered by the Qatar government, provided for the election of a president, the reconvening of parliament, and the formation of a national unity government to lead the country to the May 2009 general elections. A string of security incidents culminated in an armed domestic conflict in May 2008. ![]() Shortly after the war, the parliamentary minority withdrew from cabinet, and parliament did not convene for over a year. The 2006 war with Israel led to political stalemate and repeated outbreaks of domestic fighting until the formation of a national unity government in July 2008.
0 Comments
Leave a Reply. |