Finances 2

Top Officials Contradict Each Other on Covid-19 Funds

The government began raising donations from Tunisians to help fight Covid-19 in March, but now many are concerned about how that money—just over 200 million Tunisian Dinars (TND)—has been spent. Several high level officials have issued statements that appear to contradict each other regarding how the money has been spent or whether it has been spent at all. Activists and civil society groups claim that officials are providing little transparency on this issue, and some have alleged that Covid-19 funds have been misappropriated and stolen.

The impossible reform of the Lebanese financial system

In recent months, Lebanon has been alive with rumours about a forthcoming devaluation. In mid-September, the governor of the Central Bank, Riadh Salameh was obliged to officially deny that he was ill and had to resign and Michel Aoun, the President of the Republic, also had to declare that the Lebanese pound was in good health and that the country was not on the road to bankruptcy. For every Lebanese these factors are indeed closely related since all know that the country is deep in debt.