Is Riyad Salama the intended sacrifice

The article focuses on the responsibility for Lebanon's financial and monetary collapse, clarifying that the crisis is not the result of a single individual decision, but rather a cumulative outcome over the years due to flawed financial and monetary policies. It highlights that Banque du Liban (the Lebanese Central Bank) played a vital role in managing monetary policy and sustaining the financial model, but the decisions related to public spending, public debt, and economic policies were made by successive governments. The article also emphasizes that the crisis worsened after a decline in foreign capital inflows and the government's decision not to repay Eurobonds, leading to a loss of confidence, increased demand for dollars, and a rise in its exchange rate against the Lebanese pound. It underscores the importance of accurately determining responsibilities and preventing the attribution of blame to a single party, asserting that the solution must include dismantling the decision-making system that led to the crisis and holding all relevant parties accountable according to their roles and authorities.

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