Economy / Lebanon
If you would like to subscribe to Middle East Monitor, East Med and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East Monitor, East Med please click on the trial link below.
Macroeconomic Forecast Lebanon
August 2005 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Middle East Monitor, East Med and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Middle East Monitor, East Med please click on the trial link below.
We have revised our 2005 real GDP growth forecast down from 3.5% to 3%, in view of the negative impact of recent political upheavals on economic activity. However, serious long-term damage to the economy, through for example a currency and debt default crisis, has so far been avoided. Our 2006 forecast of 2.5% growth therefore remains unchanged. On the downside, however, further instances of civil conflict cannot be ruled out