Reckless profiteering and the banking sector’s insolvency demand a bold deposit recovery plan to restore financial integrity in Lebanon.
On the 80th anniversary of Lebanon’s independence, Paris must end its foreign policy of cultivating Lebanese political factionalism.
Lebanon cannot afford a war with no end game, and neither can the world.
A roadmap for state-owned enterprises reform in Lebanon, emphasizing transparency, good governance, and rejecting the controversial ‘Sovereign Fund’ to steer towards economic stability.
Lebanon’s state-owned enterprises face challenges post-crisis, with the balance between cost-recovery and strategic privatisation key to fiscal health.
The Lebanese financial crisis, driven by fiscal mismanagement and central bank interventions, has resulted in market distortions and multiple exchange rates, worsening economic disparities.
To restore stability and credibility, the government must reform the central bank’s governance, tighten fiscal policy, and ultimately execute a carefully managed float of the lira.
Assessing Lebanon’s exchange rate chaos: Sayrafa, monetary governance reforms, and the need for a managed float of the lira.
Lebanon is four years into one of the worst financial crises in modern history, and in that time the country’s powerbrokers – the politicians, bankers and sectarian leaders – have been actively taking steps to speed the country’s descent into the abyss. To be clear: Lebanon’s dissolution will...
Oversight absent as TotalEnergies and QatarEnergy take over the energy sector.
How decades of real estate ‘financialization’ have built a city few can afford to live in.
Rapid urbanisation, illegal logging, and wildfires whittling away at country’s wooded areas.
Electricity crisis set to worsen as caretaker energy minister stifles long awaited reforms.
“A weak and inefficient monetary tool”
Social media enhances social connections on digital networks but has also facilitated the rapid dissemination of misinformation.
Municipalities’ can reshape development and service provision in lebanon, if freed to represent their communities.
How politicians corrupted the civil service, and why now is the time for change.
Lebanon’s cabinet violates constitution to protect banking elite.
Since the beginning of Lebanon’s financial collapse in 2019, access to information has become more critical than ever.
Displaced doctors could provide relief amid health worker shortages
The Lebanese have known since at least the 1960s that the banks run the country, but we have known this in the abstract. We have used the vague pronoun hineh, ‘them’, to describe these de factor rulers. But Lebanon is not ‘theirs’ and ‘they’ have a name, a face, bank accounts, and registered...
Lebanon’s banks played a central role in driving the country into the financial catastrophe it has endured since 2019, and yet to date they have avoided legal sanction, regulatory reform, and efforts to have them bear their fair share of the financial burden. Where, one might ask, are the...
Why Lebanon needs to hold local polls in May.
Lebanon’s residents likely to keep paying for the chronic mismanagement of EDL.
Decades of poor urban planning and waste mismanagement catalysts for flash flooding in Lebanon.
Recent $150 million World Bank loan another step into the debt abyss without long-term food security strategy.
The government’s inequitable revenue structures can no longer afford to keep burdening the poor while giving a free pass to those with the means to pay their share of taxes.
Cholera likely to stay without serious reforms to Lebanese water sector
Lebanon’s 2022 budget’s has a preference for regressive taxation, potentially shielding the wealthy while financially straining ordinary citizens.
Lebanon amends banking secrecy law to appease the IMF but leaves loopholes to protect politico-banking elite.
Addressing Lebanon’s banking turmoil through lirafication debates, accountability for large deposits, clawbacks, bankruptcy laws, and potential conflicts of interest in governance.
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.
Summary and analysis of circulars and decisions issued by the Ministry of Finance and Banque Du Liban from November to December 2022
The Financial Recovery Plan appears to solve Lebanon’s financial crisis, but a closer look reveals it’s a tool to preserve elite interests at the expense of depositors’ savings.
Lebanon’s draft laws aim to reshape its financial landscape, yet ambiguities may hinder complete restoration of confidence in the sector.
Infrastructure, political, and legal barriers to reforming Lebanon’s broken electricity sector.
Lebanon’s bank hold ups are the result of lawlessness created by banks, not desperate depositors.
Lebanon’s updated banking secrecy law is progressing towards reform, yet riddled with ambiguities and potential for power abuse.
As the Lebanese political establishment tries to shift blame for sea migrant deaths, EU pushbacks, blockades, and backroom deals place migrants in greater danger
Assessing Lebanon’s revised banking secrecy law and its progress, while pointing to its loopholes, need for independence, and effective enforcement mechanisms.
A complete rethink of Lebanon’s education sector could turn crisis into opportunity
Peacekeeping mission reading between the lines to keep the peace
The MOEW’s latest renewable energy draft law faces criticism for consolidating power, with experts pushing for reforms to decentralize the sector and break the EDL monopoly.
The ongoing financial crisis is eroding the capacity for Lebanon’s most essential services to operate, risking new depths in the humanitarian crisis.
Lebanon is poised for executive-level disarray ahead of a presidential vacuum and caretaker cabinet.
Millions promised in housing funding would leave most vulnerable behind
How economics, state and sectarian forces keep sexual freedom out of reach for most Lebanese.
Lebanon must transition from a depositor-funded bail-out to a just bail-in, holding those responsible for the financial crisis accountable and ensuring fair loss distribution through international standards and local laws.
By kicking the can down the road on comprehensive reform, the 2022 budget is just another power grab by the establishment.
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.
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.
Lebanon’s capital control proposal risks entrenching financial corruption by granting banks undue amnesty and empowering a politically biased committee.
Legal loopholes and self-interested gatekeepers will likely prevent justice from running its course
Lack of regulation and proper disposal cast shade over Lebanon’s solar prospects
Tensions rise as Lebanon hypes non-existent “plan” to return 15,000 Syrians per month
Accountability For The Beirut Blast Is A Necessary Step Towards Closing Lebanon’s Open Wounds
Lebanese are being forced to live at risk in the name of private property
Lebanese banks are avoiding the legal implications of declaring bankruptcy.
News of expected windfall revenues from Lebanon’s potential offshore gas fields require contain many hidden caveats.
As a minority, opposition MPs must take a strategic approach to cement their legitimacy and start to make real change in the country.