A roadmap for state-owned enterprises reform in Lebanon, emphasizing transparency, good governance, and rejecting the controversial ‘Sovereign Fund’ to steer towards economic stability.
Talking Points
Rescuing What’s Lost: Progressive Deposit Recovery Plan
The Progressive Deposit Recovery Plan offers a lifeline for Lebanese depositors, aiming to recover and restore funds once deemed lost in the country’s financial turmoil.
Currency Chaos: Lebanon’s Exchange Rate Policy
Assessing Lebanon’s exchange rate chaos: Sayrafa, monetary governance reforms, and the need for a managed float of the lira.
Lebanon’s 2022 Budget: Harsh Realities of Tax Reform and Government Intentions
Lebanon’s 2022 budget’s has a preference for regressive taxation, potentially shielding the wealthy while financially straining ordinary citizens.
Bank Restructuring in Lebanon: Depositor Protection, Clawbacks, and Legal Loopholes
Addressing Lebanon’s banking turmoil through lirafication debates, accountability for large deposits, clawbacks, bankruptcy laws, and potential conflicts of interest in governance.
Rhetoric or Reform: Lebanon’s 2022 Financial Recovery Plan
Analyzing Lebanon’s 2022 Financial Recovery Plan, from its ambitious promises to critical flaws in depositor compensation, fund structure, wealth legitimacy checks, and the glaring lack of accountability.
The Updated Banking Secrecy Law: A Step Forward with Lingering Loopholes and Challenges
Assessing Lebanon’s revised banking secrecy law and its progress, while pointing to its loopholes, need for independence, and effective enforcement mechanisms.
Lopsided Fallout: The Crisis of Financial Loss Distribution
Exploring Lebanon’s loss distribution dilemma, focusing on banks using depositor funds to cover losses, evasion of accountability standards, and the urgent need for bank restructuring.
Controlled Chaos: Analyzing Lebanon’s Capital Control Policy
Analyzing Lebanon’s capital control laws, highlighting issues like illegitimate withholding of funds, conflicts of interest in regulatory bodies, depositor discrimination, and the need for stringent, fair amendments.