Collective Action
Day 82: Anger rises against financial institutions
Lebanon's financial insitutions were the target of protesters' anger Monday, as demonstrators pledged to keep up pressure on banks and bankers.
A small group gathered outside the headquarters of the Central Bank in Hamra Monday afternoon for a demonstration titled "We haven't forgotten financial corruption."
They plan to march from the Central Bank to the Association of Banks in Lebanon, via the Finance Ministry.
Popular anger against the financial system is on the rise, with protesters calling for the return of public funds allegedly "looted" by officials.
Increasingly tight withdrawal limits – in some cases as low as $200 per week – imposed by individual banks are preventing account holders from accessing their savings and salaries.
Date:
January 6, 2020
Actors/ Mobilising structures:
Collective / informal group
Multi-organisational field (collaboration, allies) :
N/A
Mode of Action:
March
Sit-in
Objective:
Revolutionary (seeking radical change across society/ political system)
Cause/ Grievances/ Framing CA:
Access to socio-eco rights
Corruption
Policy Grievances
Spatial characteristics:
Location on the Lebanese territory
Frequency:
Continuous
State response:
Bargaining