“No — the political class will prevent it”
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Lebanon's economy has been in severe crisis since 2019, marked by currency collapse, banking system breakdown, and political instability that has devastated living standards. Recovery prospects hinge on whether the government can implement IMF-backed reforms, restore security, and rebuild investor confidence—challenges complicated by regional conflicts and entrenched political obstacles. The question of whether meaningful recovery can occur within five years reflects broader uncertainty about whether structural reforms will outpace ongoing destabilization forces.