Business Listing of MetaMetrics Lebanon
MetaMetrics Lebanon
Country: Lebanon
Provides program planning, evaluation, and implementation services in Lebanon.
PROJECT NOTEBOOKAzerbaijanArmeniaBeirutCentral AsiaEl SalvadorHungaryNepalUkraineDevelopment of the Beirut Stock ExchangeOnce the financial center of the Middle East, Lebanons economic and physical infrastructure have been severely damaged by years of conflict and civil war. The country began its recovery whenthe war officially ended in 1991. The path to reconstruction is made lessdifficult by Lebanons historical status as a cultural and economic powerin the region. Many of the financial institutions that were closed downat the onset of the war, including the Beirut Stock Exchange (BSE), arebeing opened once again.Broad-based economic growth is strongly linked to a positiverate of investment. An improved capital market and regulatory environmentin Lebanon will, therefore, strongly stimulate economic recovery and expansion.The Beirut Stock Exchange is one of Lebanons most important tools in thisprocess. It will be a principal means for attracting foreign investmentto the country, which, according to U.N. estimates, will need up to $25billion during the next ten years for reconstruction and capital development.In support of the economic redevelopment of Lebanon, MetaMetricsis providing technical assistance under a subcontract to Coopers amp; Lybrand, through the Private Enterprise Development Support Project fundedby the U.S. Agency for International Development. In 1996, MetaMetricsconducted an assessment of the Beirut Stock Exchange and the related capitalmarket and regulatory environment. The purpose was to identify the functionsmost in need of being strengthened and restructured. As a follow-on activity,in early 1997 a MetaMetrics team assisted the Lebanese Central Bank andthe Ministry of Finance in the drafting of a revised securities law, andassisted the Lebanese in defining an appropriate regulatory structure toattract additional capital, expand the kind and number of financial instrumentstraded, and increase involvement of brokers and investors, both domesticand international. In the current 14-month effort, a Resident Advisor andteam of Securities Specialists are assisting the Government of Lebanonto develop securities and investement fund regulations and establish theNational Council for the Securities Market.BACKGROUNDLebanons economy has become more favorable since the end of the civilwar, and while still vulnerable, its prospects for sustained recovery andcontinued growth are good. The country now enjoys currency stability, containedinflation, and balance of payments surpluses. The country maintains a financiallysound banking system and a private sector with strong resources. Industrialproduction, agricultural output, and exports have showed substantial gains.The government of Lebanon is fostering this positive environment byencouraging private sector and foreign investment in Lebanons reconstructionand economy, and taking actions to reestablish Beirut as the regional financialcenter. Steps have included the creation of the Investment
[ view MetaMetrics Lebanon website ]
Other information about MetaMetrics Lebanon
This text is what you will find on MetaMetrics Lebanon Website. The text is edited by our engine to provide complete search results for the MetaMetrics Lebanon Website.The Text is copyrights of MetaMetrics Lebanon website. Fanoos will not be held responsible for any text writen above, since it is copyrighted material of MetaMetrics Lebanon website.
MetaMetrics Lebanon useful Tools
Archived MetaMetrics Lebanon Pages