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September 24, 2021 | 4 Pages | English | Joulan Abdul Khalek
Privatization in times of crisis: Exploring options for Lebanon’s telecom sector

In the midst of Lebanon’s ongoing and historic economic crisis, there is renewed debate regarding the urgency of government privatization in critical economic sectors, including telecom. Privatizing Lebanon’s telecom sector might be seen by some as a quick-fix to the country’s public debt crisis; however, without significant market reform that can promote true competition and encourage continuous investment in the sector, any sale of public assets will likely have a limited impact on the economy.