Recent developments, investment requirements
Article Abstract:
The security and political stability of Lebanon have increased and the country's economy has stabilized. These three factors bode well for investment because they mean that the real rate of return will be high. Since foreign donors face demands from the formerly Communist countries of Eastern Europe and from the usual Third World countries, Lebanon's reconstruction is likely to be largely financed by the private sector. Rebuilding the country's infrastructure will be the first priority.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1996
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Lebanon: attracting foreign investment to help with economic recovery
Article Abstract:
Lebanon has taken great measures in attracting foreign investments to speed up its economic recovery. The measures have made the country's economic environment the most liberal in the Middle East as assessed by the US Embassy in Beirut. Lebanon's liberal measures include the reduction of corporate and individual taxes to 10%, the issuance of dollar-denominated Eurobonds for major projects and the effort toward the modernization of its legal system.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1996
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Banking and the financial market, prospects for Beirut as financial center
Article Abstract:
Beirut's banking sector and financial market are crucial to its development as a major financial hub in the Middle East. Banks are the main source of credit and corporate finance in the country and they play key roles in organizing debt and equity issues in the securities markets. Financial markets are essential to allocating domestic and foreign capital into investments, sharing risks and providing economic liquidity.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1996
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