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Beirut’s internal and external pressures will mount

Location:

LEBANON

As a new crisis in relations with Gulf Cooperation Council (GCC) states intensifies and internal sectarian tensions mount, compromise Prime Minister Najib Mikati is pushing ahead…

Beirut may miss out on brighter growth prospects

Location:

LEBANON

The wage scale law was cast into question when a contentious tax hike law intended to fund it was annulled by the Constitutional Council on September 22, partly on the grounds…

Beirut faces a massive challenge on aid and reform

Location:

LEBANON

The government has drawn up a detailed document setting out the gravity of the country’s economic plight and requesting over 10 billion dollars of additional aid from the IMF and…

Lebanon will struggle to turn loans into prosperity

Location:

LEBANON

Lebanon won aid pledges exceeding eleven billion dollars on April 6 during a conference in Paris, named CEDRE, that aimed to rally international support for a massive investment…

Gulf boycott raises Lebanon economic risks

Location:

GULF STATES/LEBANON

They have failed to convene cabinet for more than a month amid a row over how to resolve a break in diplomatic relations with former Gulf allies. Measures taken by Saudi Arabia…

COVID-19 may give Lebanon’s premier a short-term boost

Location:

LEBANON

This came shortly after Prime Minister Hassan Diab addressed the nation, promising a 1.2-trillion-Lebanese pound (400-million-dollar) stimulus plan -- although it was unclear how…

Prospects for Iran in 2022

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PROSPECTS 2022

Prospects for Iran in 2022.

Lebanon risks hyperinflation and forced dollarisation

Location:

LEBANON

It highlighted how the severe, three-year crisis has been deepened by “a failure to take much needed policy action” and “resistance from vested interests to reforms”. It also…

Lebanon’s Central Bank governor will be replaced

Location:

LEBANON

Salameh, along with his brother Raja, is under investigation in Lebanon and Europe for alleged financial irregularities following Lebanon’s 2019 economic collapse. The economy…

Lebanese health and education woes risk instability

Location:

LEBANON

This is having highly negative economic and social consequences, with problematic implications for long-term growth and stability. The country’s already extreme inequality is…