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الشرق اللبنانية
IMF Labels Lebanon Crisis Systemic
The crisis in Lebanon is classified as "systemic," encompassing a comprehensive collapse of the financial and economic system, due to corrupt financial policies, accumulating debts, and successive governments' inability to implement necessary reforms. The situation is described as the result of political choices and widespread corruption, with losses in the banking sector estimated at $80 billion, a deterioration in the value of the national currency. Experts believe that the solution requires the departure of the political authorities and the appointment of competent individuals to manage the crisis, in order to prevent Lebanon from falling into a deeper crisis that could lead to its blacklisting.
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