President Joseph Aoun (center), presiding over a meeting of Nawaf Salam's government (to his right) on Dec. 22 at the Baabda Palace. (Credit: @LBpresidency/X)
On Monday, Cabinet opened up one of the most contentious issues within Lebanon's financial crisis: the draft law on the "restoration of financial order" and the restitution of deposits.The ministers made it — after several hours of discussion — to Article 4 out of a total 16, and adjourned their meeting under the agreement that they would pick up where they left off the next day.Behind the scenes, the same pressure is at play: according to several participants, President Joseph Aoun and Prime Minister Nawaf Salam share a common goal: to pass the law before the end of the year, no matter how many meetings it takes.Beneath the surface mechanics of legislation, there is a tug-of-war over the very doctrine of crisis resolution. The article reached on Monday is not just a technical milestone: it is the blueprint for the entire...
On Monday, Cabinet opened up one of the most contentious issues within Lebanon's financial crisis: the draft law on the "restoration of financial order" and the restitution of deposits.The ministers made it — after several hours of discussion — to Article 4 out of a total 16, and adjourned their meeting under the agreement that they would pick up where they left off the next day.Behind the scenes, the same pressure is at play: according to several participants, President Joseph Aoun and Prime Minister Nawaf Salam share a common goal: to pass the law before the end of the year, no matter how many meetings it takes.Beneath the surface mechanics of legislation, there is a tug-of-war over the very doctrine of crisis resolution. The article reached on Monday is not just a technical milestone: it is the blueprint for the...
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