Comments on Lebanon, FT, 8 Aug 2020

9 August, 2020
read < 1 minute

Dr. Nasser Saidi commented on the economic and financial meltdown in Lebanon in the FT article titled “Currency collapse fuels mass protests in Lebanon” published on 8th Aug 2020.
The full article can be accessed at: https://www.ft.com/content/0e8aff25-629c-4737-a1dc-8ed4ee32447e
 
The comment is posted below:
“A corrupt political class, subservient policymakers and cronies have generated an unprecedented misery, an economic, banking, and financial meltdown,” says Nasser Saidi, a former economy minister and vice-governor of the central bank after the war. “Their endemic corruption, criminal negligence and incompetence have now delivered the Horses of the Apocalypse disaster on Lebanon and the Lebanese.”
 

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