Lebanon is dreaming of gas riches with a Total-led consortium set to drill in 2019. However the country faces more pressing concerns. Donors contributed $12bn at April’s Cedre conference in Paris, in hope to benefit Lebanon's creaky infrastructure and troubled economy. But the government does have to first overcome widespread corruption.
|Debt to GDP||149||%|
7 Aug, 2020
This week’s explosion at the Port of Beirut epitomizes the misgovernance and ineptitude that’s bled Lebanon dry. Immediate measures to mitigate the humanitarian fallout are essential, but calls are increasing for an ousting of the political elite.
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