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  "docSlug": "5ee5a9db2750184a",
  "documentTitle": "Lebanon Economic Vision",
  "authorId": "McKinsey",
  "authorName": "McKinsey",
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  "notes": "The slide uses a 'before-after' or 'problem-solution' framing, contrasting current inefficiencies with two proposed policy options.",
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      "text": "Option 1: Unconstrained cash handout (lifetime or 10-year). Annual cash grant of ~5,000 USD per Regie-registered hectare. No restrictions on land use. No state purchase of Tobacco. Farmers are encouraged to utilize technical & financial support to transform towards higher-value alternative crops.",
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      "text": "Option 2: Alternative crop purchase program. Government launches a structured crop transformation program for tobacco farmers, with extensive technical and financial support. Tobacco farmers who commit to the program will be offered a guaranteed purchase price (on a per-kg basis) equating to an expected 10,000 USD per registered hectare. After successful implementation, market prices should exceed government guarantee, so farmers will naturally opt-out.",
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      "text": "Introduction of an alternative opt-in subsidy program of tobacco would have long-term benefits for both farmers and the government.",
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      "text": "On average, Tobacco farmers generate an annual profit of ~4,000 USD / hectare, whereas the cost to the government is ~6,000 USD / hectare. Majority of cultivated tobacco is sold (raw) at a loss to Egypt. The income security created by the subsidy prevents farmers from transitioning to more profitable crops.",
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      "text": "Annual profit: ~4,000 USD",
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      "text": "Introduction of an alternative opt-in subsidy program of tobacco would have long-term benefits for both farmers and the government",
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      "kind": "paragraph",
      "text": "Cultivation of tobacco in Lebanon is unproductive, and has negative consequences on farmers",
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      "text": "Source: REGIE; FAO; Expert interviews",
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      "kind": "title",
      "text": "Tobacco farmers, and the government, would benefit from a new opt-in subsidy program",
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