The debt crisis in Lebanon has reached unprecedented levels, pushing the Government to announce the suspension of foreign debt payments in what has been described as an “historical precedent”. This paper examines the nature of the crisis and the challenges faced, as well as possible solutions.
On October 29, 2019, Lebanese Prime Minister Saad Hariri tendered his resignation to President Michel Aoun. While this has satisfied the first of the demands called for during the popular protests that have gripped parts of the country for 13 days, the contest to form a new government in one form or another is certain to dominate the Lebanese arena over the coming period.
The Lebanese Hezbollah experienced developments and transformations in recent years that would have ramifications on its trajectory and consequences on Lebanon and the region as a whole.
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