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IMF Lebanon Staff Visit September 10-18, 2009

An International Monetary Fund mission visited Lebanon September 10-18, 2009 to discuss developments through end-June 2009 under the authorities’ program supported by Emergency Post-Conflict Assistance (EPCA) and the outlook for 2009. The mission met with the Minister of Finance, the Governor of the Banque du Liban (BdL), and other high-ranking officials. The mission is grateful for the open and constructive dialogue, the warm hospitality, and the excellent cooperation.

International Finance Corporation Annual Portfolio Performance Review FY09

This report provides (i) a brief overview of IFC’s investment environment and outlook for portfolio performance, (ii) a comprehensive review of IFC’s investment portfolio and performance and (iii) a review of the development effectiveness of IFC’s portfolio. The report should be viewed as a snapshot of portfolio trends as of the end of FY09 which will be supplemented throughout the year by IFC’s Quarterly Report to the Board, as well as other regular reports including IFC’s Annual Report, IFC’s Annual Report on Financial Risk Management and Capital Adequacy, IFC’s Business Plan and Budget, and IFC’s Road Map.

Infrastructure Protection Report: Stadiums and Arenas

There are more than 1,300 stadiums and arenas in the United States. They are located in every region and state; in most, if not all, major municipalities; in many smaller localities; and often on university and high school campuses. Arenas and stadiums range in size from on-campus field houses and high school football stadiums that can accommodate a few hundred people to downtown sports arenas, large indoor/outdoor stadiums, and automobile racetracks that can accommodate over 100,000 spectators.

(U) US-Based Street Gangs a Potential Recruiting Pool for Terrorist Groups

Several domestically based extremist organizations have demonstrated an interest in recruiting current and former gang members. No specific, credible intelligence indicates members of US-based street gangs are currently engaged in operational planning on behalf of terrorist organizations targeting the United States; however, former gang members have been arrested for terrorist plotting as recently as 2005. Terrorist recruitment patterns could potentially increase gang member involvement with terrorist groups.