#debt

A Grave Crisis, With No Silver Bullet

By: Amer Bisat, Marcel Cassard, Ishac Diwan.Carnegie, May 11, 2020

With Lebanon facing a severe financial crisis, Prime Minister Hassan Diab’s government has adopted an economic program and requested assistance from the International Monetary Fund (IMF). Discussions of the IMF’s involvement in Lebanon have …

Lebanon’s austerity plan offers no real reforms

By: DR. DANIA KOLEILAT KHATIB.Arab News, April, 14, 2020

The Lebanese government this week leaked its long-awaited “reform plan,” which is supposed to form the basis for its negotiations with the International Monetary Fund (IMF) and international donors. The plan …

Lebanon Faces a $50 Billion Hole Even Beyond Its Eurobonds

By: Paul Wallace.Bloomberg, Feb. 26, 2020

Lebanon has a lot more than just maturing Eurobonds to worry about.

In addition to $31 billion of those, the Middle Eastern nation’s central bank has $52.5 billion of obligations in the form of foreign-currency deposits and certificates of deposit, …

Lebanon Enlists IMF With Debt, Capital Controls on Top of Agenda

By: Dana Khraiche and Lin Noueihed. With assistance by Abeer Abu Omar Bloomberg, Feb. 13, 2020

Lebanon’s top officials are still discussing their options for how to cope with a raging financial crisis after making a request for technical assistance to the …