Economy

A Currency Board for Lebanon?

With inflation and devaluation accelerating, some voices are advocating a currency board (CB) for Lebanon. The appeal to its supporters is the perspective of anchoring the Lebanese Lira (LL) so as to avoid devaluation and inflation spiraling out of control. This involves disciplining the government to stop running fiscal deficits, and the Banque du Liban (BdL) to stop its excessive printing of LL to finance the deficit and large withdrawal from bank deposits. There is no doubt that the BdL injection of large amounts of liquidity is the main source of inflation and devaluation. It is thus understandable that people behind the idea of a CB would want to avoid such behavior in the future.

Economy

Economy

Finance

Finance

Governance

Governance

Reform

Reform

A unique blend

The Citizen Foundation presents a unique blend. Its presence in Lebanon helps prioritize the policy options and centralize the efforts of many different groups of Lebanese talents in the world who are committed in helping the country and who are active in finding solutions. Upstream, its topics are discussed with bilateral and multilateral players and various stakeholders, which ensures their interest and support. During the work, it involves specialists with experience in the Lebanese public administration, as well as university students who will spread the debate in their institutions. Then, the end products will be debated in Lebanon, presented to the government, opposition groups, and opinion leaders. The purpose is to create the debate and lobby for implementation, internally and externally.

Wide Spectrum

Short to medium term objectives

A unique blend

The Citizen Foundation presents a unique blend. Its presence in Lebanon helps prioritize the policy options and centralize the efforts of many different groups of Lebanese talents in the world who are committed in helping the country and who are active in finding solutions. Upstream, its topics are discussed with bilateral and multilateral players and various stakeholders, which ensures their interest and support. During the work, it involves specialists with experience in the Lebanese public administration, as well as university students who will spread the debate in their institutions. Then, the end products will be debated in Lebanon, presented to the government, opposition groups, and opinion leaders. The purpose is to create the debate and lobby for implementation, internally and externally.

Wide Spectrum

Short to medium term objectives

One or two in-depth studies on the chosen theme which will result in the regular publication of concise notes outlining the diagnostic, the issues and possible solutions in the meantime.

In parallel, short and well-focused sectoral or system-improving studies will be issued in line with the context of the moment.

Formats suitable for social media will be produced. Podcasts and media will also be used.

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