Comments on Lebanon’s risk of spiralling into runaway inflation in Reuters, 30 Jun 2022

1 July, 2022
read < 1 minute
image_pdfimage_print

Dr. Nasser Saidi’s comments appeared in the Reuters article titled “Analysis: Political and banking deadlock may plunge Lebanon deeper into crisis“, published 30th June 2022.

Comments are posted below:

If that policy carries on and the government tries to appease the population by increasing benefits and salaries for the relatively large public sector, Lebanon could spiral into runaway inflation.

“With no new revenues, increasing salaries and benefits such as transport allowance will take the country into hyperinflation,” Nasser Saidi, an economist and former vice-governor at Lebanon’s central bank, told Reuters.

Read Next

media page

Comments on the UAE-EU CEPA negotiations in The National, 11 Apr 2025

Dr. Nasser Saidi’s comments on the UAE starting negotiations for a CEPA with the EU

11 April, 2025

media page

Comments on US trade tariffs and GCC trade ties in Energy Intelligence, Apr 2025

Dr. Nasser Saidi’s comments on the US reciprocal tariffs and the GCC trade ties appeared

11 April, 2025

media page

“Lebanon at a crossroads: Reform or decay ahead?”, Oped in The National, 9 Apr 2025

The article titled “Lebanon at a crossroads: Reform or decay ahead?” appeared in the print

10 April, 2025