The International Monetary Fund released the preliminary findings of its mission in Beirut from May 27 to June 9. According to IMF, the Lebanese economy has successfully overcome the effects of the global financial crisis, thus gaining political and macroeconomic stability. However, vulnerabilities remain high, specifically the public debt burden. Key challenges include the threat of economic overheating and maintenance of the positive momentum to realize sustained growth.
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About the author
Chiden Balmes
Chiden, a correspondent based in Seoul, focuses on computer-assisted reporting to provide international development professionals with practical business and career information. He also contributes to the Development Newswire and the Global Development Briefing, two of the world's highest-circulation development publications.
