Lebanon Opportunities

What then do we do?

Makram Sader Secretary-General of the Association of Banks in Lebanon

The formation of the Cabinet was a positive development as well as a useful and indispensable one regardless of how the media portrays the government as merely fulfilling the needs of Hezbollah. It is a government to serve the shared interests of political factions, a government to fend off further economic erosion and economic perils against the downgrade of Lebanon’s credit rating, a government that reassures Western countries and puts foreign assistance back in the cards… Each of these portrayals is a fraction of the bitter truth and of the very difficult political reality. The Prime Minister did well when he apologized to the Lebanese people for the eight month delay in the formation of the Cabinet, and also when he said that the time of treatment with

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