Rebuilding the knowledge economy

In Lebanon, the under-provisioning of infrastructure has created gaps in services delivery, hence exacerbating productivity, and putting the country on a lower growth trajectory. Lebanon does lag behind in providing vital basic services, among them telecommunication. While other middle-income countries are evolving, Lebanon is falling behind them when it comes to its telecommunication sector. In this country, the telecom sector is heavily set back by low service quality, high cost to consumers, and weak regulatory governance. According to the World Economic Forum, Lebanon ranked 95 out of 141 countries in ICT adoption in 2019. Whereas it was ranked 161 out of 177 countries in terms of broadband connection speed for the year 2020, according to the Speedtest Global Index – which ranks countries according to their internet speeds monthly. Lebanon’s Great DepressionAmid its worst economic crisis to date, Lebanon is facing dangerous depletion of its resources, including human capital with brain