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Syria-Lebanon-Iran |
Diab Cabinet Draft Proposal: Haircut should be the least of the Lebanese’s concerns |
2020-04-19 |
[ENGLISH.ALARABIYA.NET] Leb![]() ’s economic reform plan that leaked last week was long awaited. The document caused a gale of criticism across Lebanon, as it proposed, among many things, a restructuring of the Lebanese banks’ debt, and a partial confiscation of the depositors money, or what remains of it. In 34-pages, the cabinet of Prime Minister Hassan Diab proposes to fix decades of corruption and suicidal government policies, which coupled with Hezbollah hegemony over the Lebanese state, have placed the country in political and economic ruin. |
Posted by:Fred |