Daher: The current stage calls for a national rescue plan and political and economic mobilization
MP Michel Daher wrote on X : The financial and economic crisis engulfing the Arab region as a result of the ongoing conflict will have major repercussions on Lebanon’s economic and financial situation. The economic recession coupled with global inflation, or what is known as stagflation, will lead to a decline in remittances from expatriates, alongside a rise in import costs, potentially pushing Lebanon toward a social collapse unlike anything it has experienced in its history.
While this stage calls for a national rescue plan and political and economic mobilization, most of the political class is preoccupied with the charade surrounding electoral laws and with manufacturing conflicts and divisions, as though it can afford to ignore the looming danger. The problem is not a lack of warnings, but the absence of political decisions to confront the crisis before it turns into a social catastrophe for which the Lebanese people will pay the price.
