The entrance to the ABL headquarters in Beirut, August 7, 2025. The building still bears the marks of damage sustained during the protest demonstrations that began on Oct. 17, 2019. (Credit: Archive photo Philippe Hage Boutros/L’Orient-Le Jour)
The text presents itself as an attempt to bring order to a country that, since 2019, has been living without a financial compass or economic justice.The draft law on the "financial gap" (or restoration of financial order and restitution of deposits), adopted by the government and then sent to Parliament on the eve of New Year's, has a clear ambition: to address both the consequences and causes of a crisis that has swallowed up most of the Lebanese people's savings. Above all, it promises a remarkable start to accountability. It remains to be seen whether this promise marks a break — or yet another compromise.A judicial audit invokedThe draft contains an article that, on paper, is reassuring: its provisions “do not hinder” the continuation of accounting and forensic audits provided for by existing laws, particularly Law...
The text presents itself as an attempt to bring order to a country that, since 2019, has been living without a financial compass or economic justice.The draft law on the "financial gap" (or restoration of financial order and restitution of deposits), adopted by the government and then sent to Parliament on the eve of New Year's, has a clear ambition: to address both the consequences and causes of a crisis that has swallowed up most of the Lebanese people's savings. Above all, it promises a remarkable start to accountability. It remains to be seen whether this promise marks a break — or yet another compromise.A judicial audit invokedThe draft contains an article that, on paper, is reassuring: its provisions “do not hinder” the continuation of accounting and forensic audits provided for by existing laws,...
Washington talks stall on 2nd day over 'pilot zones'