Interview with Al Arabiya Al Hadath (Arabic) on the rapid depreciation of the Lebanese Pound, 17 Mar 2021

18 March, 2021
read 1 minute

Dr. Nasser Saidi spoke to Al Arabiya Al Hadath’s Lara Nabhan on 17th Mar 2021 about the rapid depreciation of the Lebanese Pound.
In the interview, Dr. Saidi touches upon on the collapse of the LBP due to a deliberate Inflation Tax imposed by the Diab government and the Banque du Liban, failed peg to the dollar, burst Ponzi scheme & “financial engineering” with an ill-designed subsidy policy, 80% of which benefited traders and smugglers – not the poor and needy.
Watch the full interview (in Arabic) below:


 

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