By Nour El Hachem | Staff Writer

In recent developments, Prime Minister Nawaf Salam’s administration has embarked on a path of reform, aiming to restore stability and strengthen Lebanon’s state institutions. His leadership brought a renewed focus on tackling the country’s long-standing political, economic, and social problems. A key part of this reform effort is the restructuring of Lebanon’s financial and security sectors to regain public trust and restore order.

On March 13, 2025, the Lebanese government appointed new leaders for its primary security agencies, naming General Rodolph Haykal as the new army chief. As one of the leading figures during the First Brigade, he oversaw military operations in a sensitive region bordering Israel and coordinated with UNIFIL to maintain security and stability. General Haykal has been recognized for his strong leadership and strategic skills; the true test lies in how he upholds the responsibilities that come with the role.

This move is seen as an effort to strengthen state institutions and regain the public’s trust in the government’s ability to maintain order. Lebanon has faced political instability, economic collapse, and both regional and internal challenges. If the new security leadership acts effectively, it could help restore institutional integrity and law enforcement credibility. With hopes for a more stable security apparatus, Lebanon’s diplomatic position could be strengthened, potentially impacting international aid, military partnerships, and regional negotiations.

Additionally, the International Monetary Fund (IMF) conducted a four-day visit to Lebanon, discussing a potential new support system to address the country’s economic crisis. This program allows for progress in financial reforms and anti-corruption measures. The IMF’s visit comes at a critical time for Lebanon, which has been suffering from a lack of a functioning government for months, even years. Lebanon has struggled with inflation, banking restrictions, and declining public services, making financial restructuring an urgent necessity to prevent further deterioration. If implemented correctly, the program could give Lebanon a chance to recover economically. However, if this turns out to be just another empty promise or leads to harsher measures, frustration could grow, and protests may erupt. But with hope igniting many Lebanese citizens, and if the reforms are credible, they could attract more international support and investments, helping Lebanon get back on its feet.

The international community, including the IMF, has repeatedly stressed the need for Lebanon’s political leaders to be effective and ethical while tackling corruption. That being said, having a central bank governor is essential, and the United States are working alongside the Lebanese government to discuss the appointment of the next one. The current governor, Riad Salameh, is facing legal proceedings for his role in the financial collapse and has been widely criticized. The U.S. is seeking a replacement who can implement reforms, stabilize the economy, and cooperate with international institutions like the IMF.

The selection of a new central bank governor is not just a symbolic gesture; it is a crucial step in rebuilding trust with international institutions and within the Lebanese community. Lebanon’s economic crisis, which began with a debt default and a banking sector collapse in 2020, has left depositors unable to access their savings. While a $3 billion IMF bailout was agreed upon in 2022, it remains stalled due to the government’s failure to implement required reforms, including restructuring the banking sector and addressing corruption. A new central bank governor could play a key role in stabilizing Lebanon’s economy. However, while this appointment is an important step, the real challenge lies in pushing for broader reforms that lead to long-term stability and prosperity.

Prime Minister Nawaf Salam’s administration is undertaking a significant effort to revitalize Lebanon’s governance and address its deep-rooted economic crisis. The appointment of new leaders in key sectors, such as security and finance, represents a commitment to restoring functionality and credibility to Lebanon’s institutions. However, the success of these reforms hinges on their ability to translate into tangible changes that rebuild public trust and address the fundamental issues underlying Lebanon’s economic decline. The international community is closely watching, and Lebanon’s future depends on the government’s ability to take real action that brings stability, rebuilds trust, and creates long-term economic and political strength.