Anti-Corruption Reforms: A Catalyst for Economic Stability and Prosperity
For two consecutive days on the 6th and 7th of December 2023, TI-LB hosted their Annual Anti-Corruption Conference in partnership with The Friedrich Naumann Foundation Lebanon.
The sessions focused on Good Governance in Crisis Management: Lessons Learned from Response to Prevention; Transparency in development aid: The role of civil society organizations in monitoring the international community, state institutions, and implementing partners; The question on whether Liberal Reforms can Help to Curb Corruption in Lebanon; and the Roadmap towards Citizen-Centered Budget Reforms.
In the opening session, François Valérian, head of the global movement of Transparency International, stressed the vital relationship between the free economy, open governance and the fight against corruption. While the free economy may appear to be individually driven, it is consistent with anti-corruption frameworks through the optimal use of resources, the requirement of equal access to information – the optimal incentive for the market to perform effectively.
In the session on liberal reforms and curbing corruption; the moderator Samar Abu Khalil stated that in light of the social and economic crisis in Lebanon, political mismanagement, and the entrenchment of the current political class in the regime, discussing reforms is often a complex issue.
Dr. Nasser Al-Saidi emphasized the many facets of the crisis in Lebanon and the extent to which economic mismanagement and rampant corruption in state sectors have affected this. He spoke about the importance of implementing structural reforms at the level of the public sector in Lebanon and the Central Bank and support methods to monitor the financial policies of the authority within a comprehensive economic plan that guarantees the recovery of stolen funds.
Lawyer Iman Tabbara highlighted the importance of defining the country’s economic identity and vision in light of the state of chaos prevailing in the economic sector and the absence of effective management and good governance in state institutions.
Gratitude to the incredible speakers, engaged participants, and dedicated team for making this event a success. The conversations were enlightening, the connections were powerful, and the commitment to fighting corruption was palpable. Let us carry this energy forward, united in our pursuit of transparency and change.