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IMF - Global trade - South-South trade - Emerging economies - WTO

The global economy moved, its institutions are catching up

Low- and middle-income economies now account for nearly half of the world’s trade in goods, creating a growing gap between where economic power resides and international institutions whose central bargains were negotiated under a very different global hierarchy.

By The Beiruter
IMF - Lebanon - Economic Reforms - Banking restructuring - Deposit recovery - Fiscal policy

IMF mission ends as Lebanon moves toward reform

The IMF concluded its Lebanon mission, highlighting economic challenges, banking reforms, fiscal measures, and steps toward a potential reform agreement.

By The Beiruter
IMF - Lebanese pound - Lebanese economy - Lebanon dollarization - Lebanese pound crisis - Lebanon financial history

Lebanon learned to live in dollars, can it ever go back?

From wartime savings to everyday payments, Lebanon’s relationship with the dollar has lasted for decades. This article reveals how instability, banking crises, and loss of trust turned the US currency from a safety net into a permanent part of Lebanese life.

By Michella Rizk
IMF - Lebanon banking reform - Higher Banking Commission - Banque du Liban - Finance and Budget Committee

Final steps before banking reform approval

Lebanon's Finance and Budget Committee is nearing completion of amendments to the banking reform law, with only a handful of issues still under discussion. The proposed changes are key to advancing reforms sought by the IMF and reshaping the country's banking sector.

By The Beiruter