Lebanon and the IMF: A Crisis of Will

Writer: Dr. Khalil Gebara

Lebanon’s collapse since 2019 has exposed a broken postwar model—and a standoff between urgent IMF-backed reforms and entrenched domestic interests. In “Lebanon and the IMF: A Crisis of Will,” Dr. Khalil Gebara traces how decades of missed fixes, bank-sector resistance, and political fragmentation stalled an IMF program despite clear diagnoses, arguing that recovery now hinges less on technical recipes than on the political will to allocate losses, restructure banks, and finally implement systemic reform.

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