Halting progress - Lebanon

All but collapse of the country's formal banking system in 2019 and the resort to cash, a precarious politics, with Hizbullah, internationally designated a terrorist organisation, still in parliament, make Lebanon fertile ground for illicit financial operations. Paul Cochrane looks at the reforms needed, obstacles in the way and the risks of failure.

All but collapse of the country's formal banking system in 2019 and the resort to cash, a precarious politics, with Hizbullah, internationally designated a terrorist organisation, still in parliament, make Lebanon fertile ground for illicit financial operations. Paul Cochrane looks at the reforms needed, obstacles in the way and the risks of failure.