The 2019 fiscal deficit is likely to represent 9.7 percent of GDP, well above the government's target of 7.6 percent, according to a concluding statement by the International Monetary Fund (IMF) following its regular annual consultations with the local authorities.
The IMF also said: "The Central Bank (BDL) should gradually step back from quasi-fiscal operations and strengthen its balance sheet. It should step back from government bond purchases and let the market determine yields on gove...
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