Laisser Faire

Laisser Faire

It’s time to stop beating around the bush and address the elephant in the room. The economic situation in Lebanon is an absurdity, and the political class’ inaptitude to commit to anything that resembles a recovery plan is beyond comprehension. Three years are more than enough to confirm our impression that the only plan they seem to have is to cling to power and protect their hidden agendas.

The discussions with the International Monetary Fund (IMF) regarding the reform requirements have been nothing short of a farce. The Lebanese people have witnessed this first in 2020 and then again last year. The Lebanese political class continues to treat the IMF’s demands with the same level of disdain they have for their citizens. Those who thrive in corruption have no intention or are even interested in implementing a plan that could lead to an economic recovery. They just want to strengthen their grip on Lebanon and continue molding it to their blood-stained ambitions.

This is where Executive Magazine’s 6th iteration of our Economic Roadmap comes in. This edition takes a hard look at the situation and acknowledges that the delivery of public goods such as water, energy, healthcare, and education cannot be trusted