Lebanon is grappling with significant deficiencies in financial transparency and a fragmented public procurement system, marked by substantial capacity and technology gaps. This has led to disorganisation and heightened corruption risks. The United Nations estimates that the annual cost of corruption in Lebanon at a staggering 10 billion United States Dollars (USD), attributing this cost to the misallocation of public funds, limited returns on investments, capital flight, and the reluctance of potential investors to pursue economic opportunities. This article appraises the policies and regulations introduced by the Lebanese public procurement Law 244/2021, a response to these challenges and the 2011 United Nations Commission on International Trade Law (UNCITRAL) Model Law.1 This article explores the ways in which Law 244/201 aims to fulfil Lebanon's international obligations in the fight against corruption, particularly by ensuring transparent financial management processes in public procurement.
Keywords: UNCITRAL; Lebanon; Corruption; Integrity