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Remember that politics move quickly, and people and their opinions evolve.
The IMF Is Suggesting That The Lebanese Government Take Heat Off Property Market
July 19, 2010 · Mustapha Hamoui
Andreas Bauer, the IMF’s mission chief for Lebanon told Gulf News
If credit growth accelerates further, the authorities should consider capping and gradually phasing out incentive schemes that provide exemptions to reserve requirements,
The Lebanese banks are responding that they are reducing the liquidity by lending more to non-real estate sectors. But the phenomenal growth in property prices is still a worry to some (and to me), and the general rule remains that it’s difficult to see a bubble when you’re inside one
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