Political parties and leaders: political party activity is organized along largely sectarian lines; numerous political groupings exist, consisting of individual political figures and followers motivated by religious, clan, and economic considerations
Political pressure groups and leaders: NA
International organization participation: ABEDA, ACCT, AFESD, AL, AMF,
CCC, ESCWA, FAO, G-24, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA,
IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO (correspondent),
ITU, NAM, OAS (observer), OIC, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO,
UNRWA, UPU, WFTU, WHO, WIPO, WMO, WToO, WTrO (observer)
Diplomatic representation in the US: Ambassador Dr. Farid ABBOUD consulate(s) general: [1] (202) 939-6320 chancery: 2560 28th Street NW, Washington, DC 20008
Diplomatic representation from the US: chief of mission: Ambassador
Vincent Martin BATTLE (since 11 Sep. 2001) embassy: Awkar, Lebanon
mailing address: P. O. Box 70840, Awkar, Lebanon; PSC 815, Box 2, FPO
AE 09836-0002 telephone: 011-961-4-543-600/542-600 FAX: 011-961-4-544-136
Flag description: three horizontal bands of red (top), white (double width), and red with a green and brown cedar tree centered in the white band
Economy Lebanon
Economy - overview: The 1975-91 civil war seriously damaged Lebanon's economic infrastructure, cut national output by half, and all but ended Lebanon's position as a Middle Eastern entrepot and banking hub. Peace enabled the central government to restore control in Beirut, begin collecting taxes, and regain access to key port and government facilities. Economic recovery was helped by a financially sound banking system and resilient small- and medium-scale manufacturers. Family remittances, banking services, manufactured and farm exports, and international aid provided the main sources of foreign exchange. Lebanon's economy made impressive gains since the launch in 1993 of "Horizon 2000," the government's $20 billion reconstruction program. Real GDP grew 8% in 1994, 7% in 1995, 4% in 1996 and in 1997 but slowed to 2% in 1998, -1% in 1999, and -0.5% in 2000. Growth recovered slightly in 2001 to 1%. During the 1990s annual inflation fell to almost 0% from more than 100%. Lebanon has rebuilt much of its war-torn physical and financial infrastructure. The government nonetheless faces serious challenges in the economic arena. It has funded reconstruction by borrowing heavily - mostly from domestic banks. The re-installed HARIRI government has failed to rein in the ballooning national debt. Without large-scale international aid and rapid privatization of state-owned enterprises, markets may force a currency devaluation and debt default in 2002.
GDP: purchasing power parity - $18.8 billion (2001 est.)
GDP - real growth rate: 1% (2001 est.)