Author: Bashir Osmat
Since its inception in 1963, the National Social Security Fund (NSSF) was not shielded from the impact of Lebanon’s political economy and became a coveted asset for the ruling elite. Founded under the leadership of reformist President Fouad Chehab (1958-1964), it was part of a broader initiative to modernize the Lebanese state, encompassing the creation of institutions such as Banque Du Liban, the Civil Service Council, the Central Inspection, and the Directorate of Social Revival, in addition to new faculties and programs at the Lebanese University.
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