Lebanon’s Situation Deemed “Dangerous” by International Monetary Warning

The confusion caused by daylight saving time has affected multiple sectors. On March 24, 2023, the 2nd of Ramadan in the year 1444 A.H., issue number 16187 was published.

The International Monetary Fund has warned that Lebanon is currently experiencing a very critical situation due to an accelerating economic collapse. Failure to implement necessary reforms urgently could lead the country into an endless crisis. The head of the Fund’s delegation to Lebanon, Ernesto Ramirez Rigo, made this announcement during a press conference following meetings with several officials, including Prime Minister Najib Mikati. Rigaud stated that the existing failure and lack of action towards required measures would put the country into an unrecoverable state. Although progress has been made, Rigaud also noted that it is very slow considering the complexity of the situation.

The sudden decision made by the Lebanese government to postpone the start of daylight saving time has caused confusion for various sectors that rely on universal time. Starting next Sunday, the people of Lebanon will have to deal with several variables, including adjusting their smartphones and computers to the new time, while the country time will be an hour behind. The concerned sectors are taking necessary measures to cope with the late announcement made just two days before the start of summer time.

Daylight saving time has confused many sectors

Friday – 2 Ramadan 1444 A.H. – March 24, 2023 A.D. Issue Number [16187]

Beirut: «Asharq Al-Awsat»

The International Monetary Fund confirmed that Lebanon is going through a “very dangerous moment” in light of an accelerating economic collapse, stressing that failure to implement urgent reforms would plunge the country into an “endless crisis.”
This came in a press conference by Ernesto Ramirez Rigo, head of the Fund’s delegation to Lebanon, after meetings with a number of officials, most notably Prime Minister Najib Mikati. “We believe that Lebanon is at a very dangerous moment… at a crossroads,” Rigaud said, adding that the “existing static and failure” to take the required measures would plunge the country into an “endless crisis.”
Regarding the implementation of the required reforms, Rigaud indicated that “the Lebanese have made progress, but unfortunately the progress is very slow, given the complexity of the situation,” noting that “the country is in a major crisis, and what was expected was much greater than that in terms of implementing and approving legislation” related to reforms. .
In addition, a sudden decision by the Lebanese government, in which it postponed the start of daylight saving time, confused a number of sectors that are directly related to universal time, as the Lebanese, starting next Sunday, will have to deal with a number of variables, including the conversion of their smartphones and computers to the new time, while it will be Country time is an hour behind.
The concerned sectors began to take the necessary measures to deal with this decision, especially since it came late, that is, only two days before the start of summer time.
International Monetary: Lebanon is going through a very dangerous moment

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In conclusion, the decision to postpone daylight saving time in Lebanon has caused confusion and inconvenience for many sectors. However, this is just one issue in a country facing a much larger crisis. The International Monetary Fund’s warning that Lebanon is at a “very dangerous moment” highlights the urgent need for reforms to prevent an endless economic collapse. It is crucial for the Lebanese government to take swift action and implement the necessary changes to overcome this crisis and secure a better future for the country.

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