Good riddance

by Executive Editors October 15, 2000

written by Executive Editors October 15, 2000

EXECUTIVE would like to thank the outgoing government for its performance. Who else could have provided as much news-making material with such high entertainment value? At times we couldn’t keep up with you – we’re only a monthly magazine. To show our deep appreciation, EXECUTIVE has put together a list of the top ten achievements made under this government. 10. Said no to $2.7 billion from LibanCell and Cellis 9. Presided over a deteriorating fiscal situation: Debt reached nearly $23 billion, deficit surpassed 50% and for the first time debt servicing exceeded revenues in July 8. Raised taxes in a recession. For example, customs increased several times and income tax went up 50% 7. Put a freeze on permits at Solidere, the largest company in Lebanon 6. Failed to spend large chunks of aid and loans from the World Bank, EU and Japan 5. Did not make good on its

Executive Editors

Executive Editors are the collective voice of the magazine. Stories written by Executive Editors are the culmination of discussions, brainstorming, research and information-gathering by our editorial team. Over decades, our editorial team has applied a blend of seasoned expertise and a discerning eye to bring you insightful and engaging and substantive reads that eschew sensationalism.

Good riddance

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