On the Framework Agreement between the Lebanese Government and the IMF

ZIAD ABDEL SAMAD

An agreement was reached recently between the Lebanese government and the IMF technical team tasked with negotiating the special support program for Lebanon to recover from the crisis inflicting the country for more than three years.

Lebanon is experiencing a multi-dimensional crisis. Although the financial, monetary, economic, and social dimensions are there, the crisis is political in the first place. Most of the forces that participated in power since the early 1990s bear responsibility. Some had participated in the civil war and continued to rule using a militia mentality. Others did not participate in the war but maintained clientelist practices within the quota system.

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