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Lebanon Debate
Lebanon Debate
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A report by financial experts explains that the reason behind the absence of a law to address the financial gap and distribute losses in Lebanon, despite more than seven years having passed since the financial collapse, is due to the lack of a clear political will. While Cyprus and Greece managed to restore their financial and banking stability in less than a year after similar crises, Lebanon continues to struggle with weak reforms and delays in implementing necessary adjustments, preventing the establishment of a clear plan to address the economic deterioration and distribute losses fairly.
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