Comments on Lebanon's escalating economic crisis in New York Times, 15 Nov 2019

15 November, 2019
read < 1 minute

Dr. Nasser Saidi’s comments on Lebanon’s escalating economic-financial-fiscal crisis appeared in the article titled “Economic Crisis Looms as Protests Rage in Lebanon” published in the New York Times on 15th Nov 2019.
The full article can be accessed at: https://www.nytimes.com/2019/11/15/world/middleeast/lebanon-protests-economy.html 
Comments are posted below:

“The problem is that the current policies are unsustainable,” said Nasser Saidi, a former Lebanese economy minister. Putting the country on the right track would require simultaneously dealing with a large budget deficit and bringing down public debt — a gargantuan task.
“You really don’t have much choice,” he said. “You are at the edge of the precipice and you are looking down, so unless you do that, where is this going to end?”

Read Next

media page

“Will the global economy escape recession?” Dr. Saidi on CNN Business Arabia’s podcast, Jan 2023

Dr. Nasser Saidi’s was interviewed by CNN Business Arabia ahead of its launch in

18 January, 2023

Media comments & quotes

Comments on Lebanon’s sharply falling tax revenues in L’Orient Today, 5 Jan 2023

Dr. Nasser Saidi’s comments on Lebanon’s sharply falling tax revenues were published in L’Orient Today,

6 January, 2023

Media comments & quotes

Comments on Inflation in Syria and the collapsing pound in Associated Press, 5 Jan 2023

Dr. Nasser Saidi’s comments on inflation in Syria and the collapsing pound were part of

6 January, 2023