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Business and Economics > Budgeting

You are looking at 1 - 4 of 4 items for :

  • Type: Journal Issue x
  • Syrian Arab Republic x
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Cover IMF Staff Country Reports
Lebanon: 2019 Article IV Consultation-Press Release; Staff Report; Informational Annex; and Statement by the Executive Director for Lebanon
International Monetary Fund. Middle East and Central Asia Dept.
This 2019 Article IV Consultation with Lebanon highlights that Lebanon’s economic position continues to be very difficult, with very low growth, high public debt and large twin deficits. While financial stability has been maintained, deposit inflows, critical to finance the budget and external deficits, slowed down during the past year, reducing the authorities’ room for manoeuvre. The new government has taken some important policy steps to start the needed policy adjustment, which could help raise confidence among investors and donors. The highest priority is the implementation of a sustainable fiscal adjustment that will bend down the path of the public debt-to-gross domestic product ratio through a combination of revenue and expenditure measures. This needs to be complemented by structural reforms and concessionally financed investment to raise Lebanon’s growth potential and help external adjustment, as well as policies to build further buffers in Lebanon’s financial sector. Structural reforms should prioritize reforming the electricity sector, removing impediments to and lowering the cost of doing business, as well as improving governance and reducing corruption.
Keywords:
ISCR; CR; power sector reform agenda; government; government infrastructure; deficit; expenditure measure; budget measure; donor disbursement; staff appraisal; bridge loan; Budget planning and preparation; Electricity; Middle East; Global
Cover IMF Staff Country Reports
Syrian Arab Republic: 2009 Article IV Consultation: Staff Report; and Public Information Notice.
International Monetary Fund
This 2009 Article IV Consultation discusses that the impact of the global financial crisis on Syria has been relatively moderate and mostly through linkages to trading partners in the GCC and Europe. Lower growth in manufacturing, construction, and services was partially offset by a moderate recovery in agriculture and a small increase in oil production. The ongoing recovery in Syria’s trading partners is expected to contribute to a gradual increase in exports, remittances, and foreign direct investment.
Keywords:
ISCR; CR; Syrian pound; director; debt ratio; GDP deflator; U.S. dollar; nominal exchange rate; IMFS's article; Government debt management; Oil; Currencies; Global
Cover IMF Staff Country Reports
Syrian Arab Republic: 2005 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund
The Syrian Arab Republic’s 2005 Article IV Consultation reports that progress had been made on structural reforms, including a simplification of the exchange rate system, and the adoption of a new income tax law. Rising international oil prices starting in mid-1999 helped maintain financial stability in the face of declining oil production. Government policies and IMF advice since the early 2000s have focused primarily on structural reforms to boost growth and also on strengthening the medium-term budgetary outlook, given the prospective decline in oil revenues.
Keywords:
ISCR; CR; current account convertibility; foreign exchange regime; rate; government; government securities market; money stock; central bank; reform agenda; budget deficit; subsidy system; government employment; extraction rate; Credit; Budget planning and preparation; Public enterprises; Exchange rates; Europe; Africa; Asia and Pacific
Cover Financial Assistance from Arab Countries and Arab Regional Institutions
Financial Assistance from Arab Countries and Arab Regional Institutions
Mr. P. van den Boogaerde

Abstract

Arab financial assistance to developing - particularly Arab - countries rose sharply between 1973 and 1980 but fell gradually through the 1980s, owing mainly to weakening oil prices. As a percent of GNP, however, Arab contributions remain the largest among major donors. This paper surveys the volume and distribution of Arab financing from 1973 to 1989.

Keywords:
OP; IMF staff calculation; disbursement; recipient country; net disbursement; donor country; assistance flow; Loans; Outward remittances; Concessional external borrowing; Imports; Project loans; Middle East; Africa; Sub-Saharan Africa; Western Hemisphere; Asia and Pacific; price-production strategy