The concluding statement of the IMF’s Article IV consultations includes the following sentence: “Rebalancing the economy in the current framework of an exchange rate peg requires strong implementation of a …
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Some repetitions have become part of our routine; it is amazing what human beings can learn to accept. We have become used to daily power cuts, as the electricity switches …
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After missing self-imposed deadline after deadline, our cabinet has finally agreed on the terms of the reformist budget, passed to Parliament on May 30 for more bickering. Never mind that …
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The government’s latest push toward reforms has uncovered just how incompetent our political class truly are. It almost makes you wish they had not even started. Before, the Lebanese had …
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It has been a year since Lebanon agreed on a path out of its crises, promising to undertake serious reform efforts in exchange for the $11 billion pledged by the …
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A friend of mine, an ex-minister, once told me, “The Lebanese system works perfectly, like clockwork—but in all the wrong ways.” The money pledged by the international community at CEDRE …
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We have a new government and even the most skeptical among us is relieved. Of the 30 ministers, a handful are promising, young, dedicated men and women who have honorable records. It …
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In its 20 years of reporting, rarely has this magazine witnessed a Lebanon that feels as vulnerable as it does today. It seems that the Lebanese citizen has totally surrendered …
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Our naive and simple minds have proven time and time again to be susceptible to transparent excuses. They shield us from accepting the facts on the ground and allow us …
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