Today, one-and-a-half years after the April 2022 staff-level agreement between the International Monetary Fund (IMF) and the Lebanese government, the challenges to implementing the proposed $3 billion deal have become…
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Organic farming, a fast-growing industry at the global level, has faced numerous challenges in Lebanon. According to a 2020 EU-led survey on organic ecosystems, these threats and weaknesses have been…
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Harnessed energy constitutes the juice of life for industrial and post-industrial, knowledge and information based, economic activity. Crucial for our quality of living, electricity powers, among other things, our refrigerators,…
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According to several international studies published by the World Health Organization and Bloomberg, Lebanon’s healthcare was ranked in the top tier class among healthcare systems in the world in both…
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The Lebanese national debt, seen in relation to the country’s GDP, has been one of the highest in the world for many years. When the cost of servicing that debt…
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The definition of reform in the dictionary is “making changes to something in order to improve it.” The challenge has become insurmountable and the country’s finances might fall into a…
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More than 120 countries in the world have some form of a pegged exchanged rate system, in either soft or hard pegs mainly to the US dollar or the euro.…
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In its efforts to address the grim situation that the economy and financial system are in, the Government of Lebanon published in April 2020 a financial recovery plan aimed at…
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Amid the worst economic crisis Lebanon is witnessing since the civil war, one could identify two major observations (a positive and a negative one) when it comes to the country’s…
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Today, the electricity sector is in full collapse and Lebanese people are plunged in darkness, with only 1-3 hours of state electricity per day. They have to rely on expensive…
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