"Lebanon's currency crashed past a milestone on Sunday reaching a new low against the dollar, as the country's financial meltdown and political deadlock linger."

"Lebanon is in the throes of a deep economic meltdown that is threatening its stability. The World Bank has called it one of the deepest depressions of modern history."

Would more government spending, regardless of if it was spent productively or not, just exacerbate inflationary forces and kick the economy whilst it is down and potentially open the door for another default? Would the more viable solution not be just to pull cut overall spending and divert essential services to private market or lower levels of gov.? I understand the arguement but I don't think the solution is to assume that the Lebanese gov. can or should be trusted regardless of wider changes to change its.