Lebanon’s Time of Trial
As Lebanon braces for the possible indictment of Hezbollah operatives for the murder of former Prime Minister Refik Hariri, the country’s economy is wobbling. Worse, growth continues to be heavily skewed toward the Sunnis, leaving many Shia in poverty – and thus ripe pickings for Hezbollah recruiters.
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ISTANBUL – As Lebanon braces for the possible indictment of Hezbollah operatives for the murder of former Prime Minister Rafik Hariri, the country’s economy is wobbling. The International Monetary Fund’s Mission Report of March 2009, pointing to the country’s 30 years of chronic political tumult, concluded that “Lebanon will remain vulnerable to shocks for many years” to come. While welcoming the anti-crisis action plan of the government at that time, the Fund held no illusion that it would be up to the task.