Home Economics & PolicyWishing for a miracle

Wishing for a miracle

by Tony Hchaime

“I trust Lebanon and its beloved people to God Almighty.” While Rafik Hariri’s resignation flourish may have had more than its share of melodrama, one has to question whether the end of his 12-year “reign” – punctuated as it was with a Hoss-led INTER-REGNUM – will mark the end of an era characterized by donor conferences, a Solidere-dominated Beirut Central District, rampant construction projects and inflows of Saudi money. Certainly Omar Karami’s government is faced with a daunting task and, which he admits, “cannot do miracles.” That may prove to be an understatement. The formation of the new cabinet was fraught with in-fighting and it remains to be seen how its final composition will bring about constructive changes, especially in light of the fact that former finance minister Fouad Siniora made it perfectly clear in his 2005 draft budget that Lebanon’s situation is desperate. The budget deficit What Siniora’s budget

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