Flash Report /
Lebanon

Lebanon: Government formation is first step on long road

  • New government formed after 13 months without one, marking essential first step towards resolving economic crisis

  • Dwindling reserves and FX depreciation have caused shortages of food, fuel and electricity, pushing economy to brink

  • Reform and restructuring process will be long & difficult; outlook has greatly improved, but too early to turn positive

Lebanon: Government formation is first step on long road
Patrick Curran
Tellimer Research
10 September 2021
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