Lebanon Was Not Given a Deadline by The IMF To Implement Reforms

A delegation from the International Monetary Fund concluded its visit to Lebanon on March 23 and issued a statement summing up its mission & pointing out the parties responsible for hindering financial recovery. These parties include the Central Bank for increasing liquidity in Lebanese pounds and encouraging speculation, the parliament for not passing the required Banking Secrecy and Capital Control laws, the government for adopting multiple and unrealistic exchange rates in its budget and the…

We Need a New Airport, Not a New Airport Terminal

The Minister of Public Works & Transport announced on Twitter yesterday plans to build a new terminal at the Beirut-Rafic Hariri International Airport with a foreign investment of $122 million, noting that no expansion plans have been undertaken at the current airport since 1998. However, Lebanon's imminent need is for a new airport far away from Beirut, not for a new terminal. No new terminal is going to fix the problems surrounding the existing airport,…
Critiques

World Happiness Report 2023: Lebanon & Afghanistan at the Bottom

1 day ago
The World Happiness Report released its annual ranking of the happiest & unhappiest countries in the world and Lebanon was ranked at the bottom along with Afghanistan. The report uses six key factors to measure ...
Critiques

Lebanon Postpones Daylight Saving Time Until April 21 For Ramadan

2 days ago
A memorandum was issued today by the Lebanese government to postpone Daylight Saving Time, which was set to start on Sunday March 26, until April 21 which marks the end of the Ramadan month. In ...
Critiques

Tourism Minister Shut Down Illegal Wazzani Restaurants Based on a 10-Year Old Complaint

6 days ago
I’ve never been to Wazzani but I’ve known for years that there are tens of unlicensed restaurants and cafes there open right on the river. Wazzani is an area right next to the blue line ...
Critiques

Lebanon Caviar Imports Increased From 0.5 tons Last Year to 3.2 tons in 2022

1 month ago
You’d expect luxury goods imports to decrease dramatically when an economic crisis hit a country followed by a dramatic currency collapse, but that doesn’t appear to be the case in Lebanon where caviar imports, as ...
Critiques

If Only The TotalEnergies Rumors Were True …

1 month ago
News were circulating last week that TotalEnergies might delay its offshore gas exploration in Lebanon due to security reasons, but they turned out to be rumors yet I wish they were true. In fact, no ...
Critiques

An Additional 16 Billion Dollars in Public Debt: Salameh’s Farewell Gift

1 month ago
BDL added a footnote to its latest bi-monthly BDL balance sheet where roughly 16 billion dollars was added to the public debt owned by the Lebanese state to the Central Bank. The reasoning behind it? ...
Critiques

Al Arz Ski Station Lift Sabotaged

4 months ago
The main Al Arz ski lift was sabotaged last night few weeks before the opening of the ski season. The culprits climbed to the top of the hill at 2700m and cut or shot at ...
Critiques

239 Schools in Lebanon In Urgent Need of Repairs

4 months ago
According to Legal Agenda, the ministry of education received 2.1 billion dollars between 2016 and 2021 to enhance schools and make sure all students have access to an education. Out of these two billions, 270 ...
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