From a daily platform for fuel prices, they fluctuate within hours based on the black market dollar, leading to future daily platforms for food items, medicines, medical supplies, and everything in the country... whether imported or not, given that everything is collapsing in Lebanon, alongside the collapse of fuel prices and the black market dollar, also within hours. This raises the question of the usefulness of negotiating with the "International Monetary Fund" afterward, to obtain 3 billion dollars for an economy that has become "stabbed" with thousands of daggers.
Amidst platforms and platforms, prices have become absurd. With the black market dollar price differing at every moment, every citizen has turned into a money changer, determining the exchange rate that suits them to pay or to obtain "fresh" dollars from outside the "black dollar" apps, as if we are in the country of 4 million money changers. This results in daily prices and "black" prices, day and night, for the dollar, the Lebanese pound, goods, and merchandise... while only human life has become cheap, to the extent that we can say that the Lebanese person has become the cheapest, in every sense of the word.
**Economic Identity**
A well-informed source indicated that "this situation will continue and worsen further, leading to more chaotic dollarization, because we have lost any economic identity; we have become economically 'orphaned'. The previous working methods are no longer valid, and there is no alternative in sight so far."
He emphasized in a conversation with "Akhbar Al-Yawm" agency that "the IMF program is not a definitive solution. Before any program or loan, we need an economy that already exists; otherwise, anything will be meaningless, including approving reforms for an economy that no longer truly exists."
**Famine?**
The source confirmed that "remittances from expatriates abroad are the only remaining factor to prevent actual famine in Lebanon. In numerical terms, we have become one of the poor nations. The market value of all goods and services does not bode well. The situation will remain as such if we do not establish an economic identity for the country."
He added: "All the solutions currently proposed do not approach a roadmap for economic revival, unfortunately. There is no real vision for how to transition to a new economic model, especially after the 'cake' has shrunk significantly, in a state that has disintegrated in all its powers and sectors, quarreling over a budget that will neither advance nor delay, a 'waste of time' budget, alongside some incorrect bets that the outside world will not allow Lebanon to completely collapse."
**Significant Change**
The source pointed out that "the definitive solution begins with relying on ourselves domestically first, before anything else, and even before the IMF program. The start of the solution is political and involves making significant changes to the current structure of Lebanon, bringing it closer to the standards of the European system."
He concluded: "We very much regret that the Lebanese pound has lost its ability to regain value without a political price, and it can no longer be a trusted currency in light of its prices, which are moving daily towards further decline, rapidly. There is no real horizon for Lebanon anymore, except by opening the doors for 'fresh' dollars to flow back into the Lebanese treasury again. This is impossible without establishing an economic identity and making a significant political change."
