Lebanon is no longer a failing state. That is now history. The country has long hit rock bottom, collapsing from one low to another due to a variety of factors that includes poor government, corruption, nepotism, and a political elite that refuses to step down or take responsibility for failure.
The tiny Mediterranean state, once hailed as Switzerland of the Middle East, has failed to meet the demands of angry protesters, who took to the streets in October 2019, demanding better pay, more jobs, and rehaul of the sectarian political system. It failed at unblocking an $11 billion loan package from international donors, promised in France two years ago. It then failed at getting a smaller amount from the International Monetary Fund (IMF), and thus was unable to save its once thriving, now collapsing banking sector. More recently it has also failed at identifying who was responsible for the massive explosion at the port of Beirut last August, which destroyed half the city and killed ove