If the incoming Lebanese cabinet fails to address corruption, reduce expenditures and raise revenues then the country’s financial ecosystem would be in peril.
Shadi Alaa Eddine
Beirut - The annual report by the investigative board of Lebanon’s Central Bank revealed that 470 cases of money laundering were recorded last year, with 77% of them tied to foreign parties. Sources familiar with the…
Abdel-Rahman Ayas
The election of Michel Aoun as president of Lebanon after a two-and-half-year vacancy is seen as an important step towards improving political effectiveness and oiling the country’s economy. However, sustaining the…
Abdel-Rahman Ayas
Lebanon’s cabinet unanimously decided that it was “necessary” to draft a state budget for the first time since 2005 but the fiscal plan may face delays as long-standing political divisions remain as hard to tackle as…
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