2023: The year of reckoning

As Lebanon keeps pushing through one of the greatest economic and financial collapse’s in history, we can only appreciate the resilience of its private sector. Since the “official” start of the crisis, Lebanon has gone through a financial meltdown, a public sector default, the COVID-19 pandemic, the August 4 2020 Beirut blast, and the Russian-Ukraine war, all while hosting a refugee population that nearly amounts to a third of its nationals.  To put things into perspective, for a country like France, it would be the partial destruction of Paris, the loss of all the social security programs including pensions, all the deposits, every single financial lifeline, while hosting 25 million refugees. One doesn’t need to be an oracle to imagine the result. Nevertheless, we need to lay the foundation for a better future today.  We owe it to our country; we owe it to our children. The private sector has