Reading up on Lebanon & it’s poor state of affairs.
Outcomes:
1. An ethically bankrupt political elite.
2. High rates of the population living below the poverty line.
3. Collapsing economy.
4. Increasing rates of unemployment.
5. A fed up population.
Sound familiar?
This IMF loan may be our savings grace. Their oversight relating to the public sector budget, corruption and even structural economic reform may aid our efforts to curb a kleptocratic state.
Your thoughts?
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