The former Lebanese Finance Minister, Ghazi Wazni, presents his book titled "The Financial Collapse in Lebanon: Experience and Realities" to the Speaker of Parliament, Nabih Berri, in September 2024. Archive photo/Lebanese Parliament
Former Lebanese Finance Minister Ghazi Wazni published his book, The Financial Collapse in Lebanon: Experience and Facts, on Feb. 11. In it, he presents his perspective on the events of 2020-2021, a period marked by Lebanon’s default on its eurobond debt, the obstacles that derailed the “Lazard” plan and the reasons Lebanon missed what he describes as a historic opportunity for recovery.Why did you write this book?I wanted to document my experience during a delicate phase in Lebanon’s history objectively and credibly, without evading my responsibilities. This book will be useful not only for crisis-hit countries like Lebanon but also for international financial institutions, financial markets, the global community, students and universities. It provides both a diagnosis of the crisis and proposed solutions.Was there a real opportunity to...
Former Lebanese Finance Minister Ghazi Wazni published his book, The Financial Collapse in Lebanon: Experience and Facts, on Feb. 11. In it, he presents his perspective on the events of 2020-2021, a period marked by Lebanon’s default on its eurobond debt, the obstacles that derailed the “Lazard” plan and the reasons Lebanon missed what he describes as a historic opportunity for recovery.Why did you write this book?I wanted to document my experience during a delicate phase in Lebanon’s history objectively and credibly, without evading my responsibilities. This book will be useful not only for crisis-hit countries like Lebanon but also for international financial institutions, financial markets, the global community, students and universities. It provides both a diagnosis of the crisis and proposed solutions.Was there a real...