“The newly formed government is expected to, first and foremost, soften the blow out of concern by the sectarian ruling elite - the usual suspects. The popularity of the ruling political class has severely declined in the wake of the economic crisis. The government will claim credit for the increase in [state] electricity supply. And it could tap into a couple billion dollars of international loans as a result of some cosmetic reforms it might implement to provide medication and fuel.”
10 Sep 2021
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