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IMF aid to Lebanon unlikely to come in anytime soon, says source

Getting an IMF loan is complicated. Lebanese officials need other solutions for the upcoming $1.2 billion due, said a source close to the IMF.

Diab’s “painful measures” are not necessary, they’re a political choice

The expertise of a “technocratic” government is being used by politicians to pass new austerity measures that serve banks at the expense of the people.

IMF abstract header by Laudy Issa
An IMF bailout would wreak havoc on Lebanon’s economy

The IMF failed to bring growth and economic stability for almost every country it bailed out.

Passengers before going through security checks at Beirut's airport. (AFP/Alarabiya)
Rethinking the role of remittances inflows in the Lebanese Economy

While economic research proved that remittances ease poverty, most studies failed to establish a causal relationship between them and economic growth. 

Mariam and her family, refugees in Lebanon. (Mercy Corps | Corinna Robbins)
Propagating a Hostile Narrative towards Syrian refugees is more harmful than helpful to the Lebanese economy

Lebanese politicians have taken Syrian refugees as the scapegoat for all the political, economic, social & environmental turmoil that predate their arrival. 

Lebanese veterans strike in opposition of the new austerity measures taken by the Lebanese political class. (People's Dispatch)
How the Lebanese Political Class Frames the Economy

The debate on austerity measures is heating up, and the positions of different Lebanese political forces are questionable.

Lebanese Public Debt: Alternatives do Exist

Lebanese citizens don’t need more numbers to realise the extent to which this debt is exhausting the treasury, public finances, and the economic system.

Lebanon Needs A Budget For Its People, Not Its Ruling Class

The ruling class, which has been in power for almost 30 years, is collectively responsible for the economy’s dire state of affairs. It should bear the costs of reforms and spare ordinary citizens.

AUB Secular Club Hosts an Event on the Lebanese Economy: Different Points of View

The discussion revealed a general consensus on the state’s dysfunction and the persistent issue of a regime struggling since the Civil War.

Lebanon’s Budget: Between Fraudulent Expenses and Nepotism

To get a better understand these issues, we ought to carefully examine the 2017 state budget endorsed by the parliament in October.