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 Carnegie
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.
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Defending Israel, but not Kurdistan?When U.S. Patriots shot down an Iranian missile over Erbil on April 15, Kurds wondered why such defenses weren’t activated when they were attacked.
- Wladimir van Wilgenburg
- Delaying Lebanon’s Municipal Elections, Again
The decision is not surprising, given that the country’s political class mistrusts a poll whose outcome it doesn’t fully control.
The Terrible “Day After” in GazaDislocation, destruction, and continued oversight were always part of Israel’s plan for the post-conflict situation in the Palestinian territory.
- Nathan J. Brown,
- Vladimir Pran
