The Taif Agreement signed in October 1989 to end of the Lebanese civil war, besides other things, called for the disarmament of all national and non-national militias. Hezbollah was allowed to stay armed in its capacity as a "resistance force" rather than a militia
Lebanese issue is that it is being held hostage by a militia (Huzb Allah). No amount of money is going to help until these militias are disbanded and a national independent military is put into place.
Besides having a giant diaspora, this diaspora still has strong ties to the motherland and many of them are also very rich. Lebanon could then come back quickly and reach western levels of development and wealth.
I wonder if the best strategy here isn't for the diaspora to just buy back the country for pennies on the dollar during the current collapse.