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Economic & Sector Work :: Policy Note

Lebanon : Economic and Social Impact Assessment from Recovery to Sustainable Growth

ACCOUNTABILITY AGRICULTURE AUDITING BANK DEPOSITS BANKRUPTCY BANKRUPTCY PROCEDURES BANKS BANQUE DU LIBAN BARRIERS TO ENTRY BASIC EDUCATION BENEFICIARY BLOCK GRANTS CAPITAL BUDGETING CASH MANAGEMENT CASH TRANSFERS CENTRAL BANK CIVIL SERVICE COMMERCIAL BANKS COMPETITION POLICY CONDITIONAL CASH CONFLICT CONSOLIDATION DEBT MANAGEMENT DEBT RESTRUCTURING DEBT SERVICE DEBT SERVICING DEPOSITS DEVELOPMENT AGENCIES DONOR AGENCIES DONOR GRANT DONOR SUPPORT ECONOMIC ANALYSIS ECONOMIC DOWNTURN ECONOMIC PERFORMANCE EDUCATION SUBSIDIES ELECTRICITY EMPLOYMENT FAMILY SUPPORT FINANCIAL MANAGEMENT FINANCIAL SECTOR FISCAL BALANCE FISCAL POLICIES FISCAL REFORMS FORMAL EMPLOYMENT GDP GOVERNMENT EXPENDITURES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH CARE SERVICES HEALTH SPENDING HEALTH SYSTEM HOUSING HUMAN DEVELOPMENT INCOME INFLATION INSTITUTIONAL CAPACITY INSURANCE INTEREST RATES INTERNATIONAL DONORS LABOR MARKETS LABOR UNIONS LAWS LOSS OF LIVELIHOODS MATURITIES MATURITY MIDDLE EAST MONOPOLY MUNICIPAL MUNICIPAL ADMINISTRATION MUNICIPAL INFRASTRUCTURE MUNICIPALITIES NORTH AFRICA ORGANIZATIONAL STRUCTURE PENSION PENSIONS POOR PORTS PRICE DISTORTIONS PRIVATE SECTOR PRIVATIZATION PRODUCTIVITY PROPERTY RIGHTS PUBLIC PUBLIC DEBT PUBLIC FINANCE PUBLIC HEALTH SYSTEM PUBLIC INFRASTRUCTURE PUBLIC PENSION PUBLIC RESOURCES PUBLIC REVENUES PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REAL GDP RECOVERY PROGRAM REFORM PROGRAM REGULATORY FRAMEWORK REVENUE COLLECTION RISK MANAGEMENT RISK MITIGATION SHOCK SKILLED WORKERS SOCIAL ACTION SOCIAL INSURANCE SOCIAL INSURANCE PROGRAMS SOCIAL POLICY SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SERVICES SOCIAL SPENDING STATE ASSETS STRUCTURAL REFORMS SUPPORT NETWORKS SUSTAINABLE GROWTH TARGETING TAX TAX COMPLIANCE TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRANSPORT UNEMPLOYMENT UNEMPLOYMENT INSURANCE URBAN PLANNING VULNERABLE POPULATIONS WAR WASTE DISPOSAL WATER SUPPLY WORKING CAPITAL WORLD TRADE ORGANIZATION WTO
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World Bank, Washington, DC
Middle East and North Africa | Lebanon
2014-08-21T22:14:37Z | 2014-08-21T22:14:37Z | 2007-01-20

The Government of Lebanon current reform agenda includes a number of proposals to expand reform efforts, as well as to introduce effective and efficient sector policies and expenditure programs. The draft program also includes key proposals to improve Lebanon's business environment. This program needs to be agreed, articulated and supported by adequate resources. The speed and strength of this process are critical for avoiding a severe deterioration in public finances and returning the Lebanese economy to a path of growth. This report sets out an overall framework starting, in Section I, with a discussion of the prevailing macro/fiscal challenges and the complexities added to it by the hostilities. Section II presents the elements of a reform program to promote recovery and sustainable growth. Section III discusses the role of donors in providing financial and technical assistance in support of the Government's program. Section IV reiterates the importance of building consensus around the reform agenda. The report is based on detailed technical analysis of economic, social and infrastructure sectors in terms of the impact of the hostilities and priorities for reform over the next several years.

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