Home Lebanon UprisingA perspective on the solutions offered in last-ditch efforts of old government

A perspective on the solutions offered in last-ditch efforts of old government

by Thomas Schellen

The government’s economic rescue plan has been rendered theoretical.The political context of its presentation reveals real dimension of governance failings in the past two years.Analysis of the plan’s composition shows it to be disparate and desperate.Economic reality will require huge efforts beyond the scope of the last plan. What to do with the political products of October 2019, most prominently the 2020 budget draft approved on October 21, and the economic rescue plan that then-Prime Minister Saad Hariri presented on the same day? Having arrived alongside the total novelty of a budget draft that was completed and properly signed within the constitutional time frame, the plan for national economic rescue efforts by the cabinet miraculously appeared after a mere 72 hours of negotiation. However, just over a week later the plan was pulled with the cabinet’s resignation. Is it now a curio for academic study on whether it could have

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