The Budget draft law for 2022 that has been submitted to the Council of Ministers, projects 55.2 trillion Lebanese pounds in expenditures with revenues of 39.1 trillion. The need…
Author
Mounir Rached
Mounir Rached
PhD, is the president of the Lebanese Economic Association (LEA) and a former IMF Senior Economist (1983-2007).
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Introduction by Executive Editors When the Council of Ministers approved an economic reform program at the end of April, 2020, then-Prime Minister Hassan Diab hailed the plan with the epithet…
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A key driver of the Lebanese economic crisis has been the losses incurred by the public sector. These losses have impaired the banking sector and through it the deposits of…
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This article is the first in a series of articles in Executive Magazine’s upcoming “Financial Economy Special Report” prepared in collaboration with handpicked experts to cover key aspects of the…