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commentary

Austerity Ahead

In an interview, Ibrahim Jamali discusses Lebanon’s economy and says talk of a pound devaluation is premature.

Published on October 8, 2019

Ibrahim Jamali is an associate professor of finance at the Olayan School of Business at the American University of Beirut, where his research focuses on futures markets and predictability in asset markets. In light of the economic conditions in Lebanon that have led to speculation about a depreciation in the value of the Lebanese pound, Diwan interviewed Jamali in early October to get his perspective on the economic situation in the country. Jamali also described measures the government could take to ameliorate the situation and offered predictions about Lebanon’s economic future.

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