Fiscal policy articles

Where is the money going?

Where is the money going?

In November 2017, Parliament ratified a state budget for the first time in over a decade. For  fiscal year 2017, the state’s total spending allocation was almost $16 billion (LL23.9 trillion). This represents a nearly 140 percent increase in public spending compared to 2005, the last year for which a budget was passed, when spending

Fiscal performance and the debt outlook

There has been quite a lot of concern regarding Lebanon’s recent fiscal performance  and its debt outlook. In its Article IV reviews for Lebanon, the International Monetary Fund has repeatedly alerted officials that the debt burden could derail the government from attaining its economic objectives and could be the prime risk source on financial stability,

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