Fiscal Year 2026
Capacity Development Activities
Government Finance Statistics and Public Sector Debt Statistics
Government Finance Statistics training (May 19-June 30)
METAC helped Lebanon improve GFS quality, coverage, and harmonization, ensuring alignment with international GFS standards. The mission engaged with the Ministry of Finance and the Central Bank, assessing the quality of current data, enhancing coverage and timeliness, assessing IT support, and developing an action plan for the next 12 months. The authorities are interested in re-starting national fiscal reporting and GFS compilation. The mission offered guidance on data collection and worked to integrate data from different sources. It also reviewed the current fiscal reports, as well as revenue and expense transactions focusing on how to classify them in line with international standards.
Public Financial Management
Macro-fiscal Forecasting (July- August)
METAC supported Lebanon in developing the medium-term fiscal framework (MTFF) for the 2026 budget preparation process. The mission is part of the continued support to the Lebanese Ministry of Finance (MoF) on strengthening the macro fiscal framework by developing the macro-fiscal indicators and improving fiscal projections for fiscal years 2026-2029. The aim is to restore MoF’s macro-fiscal functions and improve the contribution of the MTFF in budget preparation and the management of fiscal risks. The Macro-fiscal Unit (MFU) team reviewed the main assumptions and methodology used to develop 2026 estimates and to contribute to the budget preparation process. The mission focused on enhancing forecasting methods for main economic and fiscal objectives over the medium term, strengthening the model linkages comprehensively and consistently, and explaining the forecasts’ main underlying assumptions.
