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It later turned out the speaker had nothing to do with the IMF nor was the event in any way associated with the international organization.The opinion of the speaker was rather clear, he argued that Lebanon is heading toward an inevitable economic and financial meltdown triggered by a myriad of corruption and bad policy. As a native of Beirut who returned to Lebanon in 1996, and as professional that has worked in investments and capital markets ever since, I have observed the pendulum of confidence swing between pessimism and optimism for the past 25 years.Solutions that do not devastate a stretched middle and working class with all the potential social unrest that could ensue.I will, however, insist that the CEDRE conference will be a stepping stone for more necessary reforms, and the mere fact that it has become a reality is an achievement in itself.
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