“Yes — reforms are slowly working”
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Lebanon's economy has faced severe strain from decades of political dysfunction, corruption, and a 2019-2022 financial crisis that wiped out savings and triggered currency collapse. Recovery prospects hinge on whether the government can implement IMF-backed reforms, restore security, and rebuild investor confidence—challenges complicated by regional instability and entrenched sectarian politics. The question of recovery within five years tests whether structural reforms can outpace Lebanon's history of stalled commitments.