The Middle East Institute Lebanese Program, in partnership with LIFE Lebanon and the Institute for Social Justice and Conflict Resolution (ISJCR) at the Lebanese American University, invites you to an interactive fireside chat with Lebanese Deputy Prime Minister Saade Chami to discuss the latest developments in Lebanon’s financial situation. and socio-economic crises in light of ongoing negotiations with the IMF. In a frank and open conversation, the head of Lebanon’s negotiating team with the IMF will discuss the outstanding obstacles and the urgent measures needed to solve – rather than simply manage – the Lebanese crisis of the century. Why have negotiations with the IMF dragged on? What are the trade-offs facing Lebanon and its most vulnerable populations today? How to distribute the tens of billions of dollars of systemic losses? Will they be distributed as it should? Do international and regional partners have a role to play in crisis resolution?
To help engage the public in such a critical conversation, an interactive poll will be shared with the public to help highlight key social and economic issues. To further enhance inclusiveness and meaningful participation in this dialogue, voices from disproportionately affected segments of the economy as well as vulnerable populations were invited to draw attention to their priorities and concerns.
Fadi Nicolas Nassar (opening remarks)
Assistant Professor of Political Science and International Affairs and Director of the Institute for Social Justice and Conflict Resolution, Lebanese American University
Deputy Prime Minister of Lebanon
Ronnie W. Hammad (moderator)
Advisor, Office of the Vice President for Equitable Growth, Finance and Institutions, World Bank
Detailed Speaker Biographies
Fadi Nicolas Nassar
Dr Fadi N. Nassar holds a PhD from the Department of War Studies at King’s College London. His thesis examined the decision-making of UN mediation efforts in Syria, offering a detailed account of the policies and strategies of Kofi Annan, Lakhdar Brahimi and Staffan de Mistura in Syria as well as a new method for identifying the UN mediators agency. in such delicate and often obscure positions. This research served as the basis for his forthcoming book on the UN mediation process in Syria.
Saade Chami was appointed Deputy Prime Minister of Lebanon on September 10, 2021. Dr. Chami spent 20 years at the International Monetary Fund (IMF), where he focused on economic and financial policies and the formulation of reform programs economic. He has led IMF teams in several countries in the region and worked in many other countries in Europe, Africa and Asia. In his last post at the IMF, he was Assistant to the Director of the Middle East and Central Asia Department and Director of the IMF’s Middle East Technical Assistance Center. In 2013, he moved to Lebanon to serve as Secretary General of the Lebanese Capital Markets Authority. In 2018, he joined National Bank of Kuwait as Group Chief Economist. Before joining the IMF, Mr. Chami taught economics and finance at the Graduate School of Business of the American University of Beirut between 1987 and 1993, where he also served as director of the school in 1992-93. He also worked briefly as Lebanese Prime Minister and in the Ministry of Finance between 2005 and 2006, where he led a team responsible for creating a comprehensive economic reform program for Lebanon that served as the basis for the donors’ conference of Paris III in early 2007. He was also an advisor. to the Central Bank of Lebanon, Mckinsey and Co. as well as other public institutions.
Ronnie W. Hammad
Ronnie Hammad works in the Office of the Vice President for Equitable Growth, Finance and Institutions at the World Bank. He brings over 30 years of experience in engaging senior government officials, the private sector and civil society, implementing ambitious reform programs and managing complex projects in Europe, Africa, the Middle East and Asia. Most recently, he served as the World Bank’s advisor to the Saudi G20, helping the Ministry of Finance and the G20 Secretariat prepare to assume the presidency in 2020. His experience spans a range of sectors from public-private partnerships in infrastructure to public sector governance. .
Photo by ANWAR AMRO/AFP via Getty Images