Saad Andary is a former second vice governor of Lebanon’s central bank, an economist, and a member of the board of directors of the Ecole Supérieure des Affaires. Currently, he is working on multiple initiatives, including one that encourages industrial exports. Another brings together two of Lebanon’s top universities and targets innovation in Lebanon’s healthcare sector. Andary previously held senior executive positions in different Lebanese banks and has served as director of the Institute of Money and Banking at the American University of Beirut and as an associate professor at the Lebanese American University’s business school. He also served as chairman of the International Chambers of Commerce’s Anti-Corruption Commission. Diwan interviewed Andary in late July to discuss Lebanon’s financial crisis.
‘We’re Not North Korea’
In an interview, Saad Andary discusses Lebanon’s economic crisis and criticizes the government’s plans for addressing it.
More work from Diwan
Decoding LebanonLebanon is facing a series of simultaneous financial, economic, and political shocks. The country stands at a critical juncture, as hundreds of thousands of Lebanese have fallen under the poverty line in recent months. The protest movement that began in October 2019, following the previous government’s decision to raise taxes, is regaining momentum in spite of the lockdown from the coronavirus pandemic. The Carnegie Middle East Center will offer analyses of the multiple crises afflicting Lebanon, explaining their causes, characteristics, consequences, and potential solutions.
Has Sisi Found a Competent Military Entrepreneur?Mustaqbal Misr has expanded its portfolio with remarkable speed, but a lack of transparency remains.
Simon Karam’s Poisoned GiftThe negotiator will have a delicate task of preserving Lebanon’s eroding sovereignty and getting on with Nabih Berri.
Israel’s Ring of Buffer ZonesIn the aftermath of the October 7 attacks, the Israelis have transformed their neighbors’ borderlands to serve their own security interests.
A Path Toward Hezbollah’s Disarmament?As the government falters over collecting the party’s weapons, a process of constitutional reform may be unavoidable.
