Purpose: The purpose of this thesis is to find the best restructuring scenario for Lebanon through simulating what if analysis for local and external debts by taking an assumption of haircut percentages. These scenarios are taken at different estimates of the exchange rates. Additionally, this thesis will put in place reforms and recommendations aiming at promoting the neutralized sectors hoping to resolve the falling economy. Design/methodology/approach: To reach our purpose, we designed a unique regression model for USD/LBP exchange rate estimates since the official, pegged rate of 1,507.5 ...