Lebanese Economic Tribune # 5
A Framework for Reducing the Lebanese Budget Deficit

Table of Contents


About the Authors

Preface- Kamal Shehadi

Part I - A Framework for a Budget Deficit Reduction Effort


Introduction
The Framework
Revenue Measures
Expenditure planning and control
Debt management
The impact on the external sector
The size of public sector issue
Technical remarks


Part II- Analysis of the 1998 Budget Proposals
Background
Developments in 1997
The Pre-Budget Discussions
The 1998 Budget Proposals

Charts


Tables:

  1. Government Revenues and Expenditures
  2. Summary of Government Finances, 1993-2001
  3. Public Debt
  4. Interest Rates
  5. Summary of Balance of Payments
  6. Summary of Government Finances, 1996-1998
  7. New Sources of Revenues
  8. Breakdown of Revenues
  9. Proposed Public Spending for 1998
  10. Breakdown of Expenditures
  11. Revised Summary of Government Finances, 1993-2001

Charts:

  1. Summary of Public Finances, 1993-1998
  2. Revenue Breakdown: Proposed Budget 1998
  3. Revenue Breakdown: Proposed Budget 1998
  4. Breakdown of Expenditures, Proposed Budget 1998
  5. Functional Classification of Expenditures, Proposed Budget 1998
  6. Breakdown of Current Expenditures, Proposed Budget 1998
  7. Distribution of Gross Domestic Product
  8. Ratio of Debt to GDP
  9. Ratio of Debt Service to GDP
  10. Ratio of Budget Deficit to GDP
  11. Distribution of Treasury Bills in Circulation (1993- June 1997)
  12. Distribution of Treasury Bills by Subscriber- June 1997
  13. Interest Rates

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