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.”
 

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