Lebanon's Fiscal Policies and Debt
Lebanon has been ongoing a bad financial crisis. The country has been in deep debt for many years all due to decisions the government's made. Lebanon's financial struggles start with the reconstruction that the country needed after the civil war, despite being promised in conferences that they would have some financial assistance with rebuilding, Lebanon still hasn't been able to get back the fiscal stability that they once had beforehand. What also arose because of this crisis were many protests by Lebanese citizens, around the same time in October 2019. The citizens were protesting the list of reforms that the Prime Minister was intending to implement at the time. In terms of their fiscals policies in relation to their ongoing financial crisis, their policies "are producing large-scale debt and inequality", and they've had many issues with their internal fiscal policies as well (Baumann). According to the World Bank, Lebanon's currently experiencing ...