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Source: World Bank Open Knowledge Repository

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Lebanon Public Finance Review

Washington, DC

🛡CC BY 3.0 IGOPermitted use with attribution
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Source: World Bank Open Knowledge Repository ↗ · Report an issue

Shared byGanesh Menon›

Abstract

The Public Finance Review (PFR) analyzes Lebanon’s public finances over a long horizon, to understand the roots of the fiscal profligacy and its eventual insolvency. To do so, the PFR links three critical elements in three Sections. Section I: Fiscal Policy in the Second Republic; Section II: Macro-Financial Restructuring; Section III: Public Service Non-Delivery. A fourth critical element is geopolitics, which is beyond the scope of the PFR. Taken together, these form critical determinants of the outcomes for any future socio-political-economic re-configuration.

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