Naharnet

Hariri: Lebanon Heading to 'Cedre Conference' with Vision of Growth

Prime Minister Saad Hariri said Tuesday there is a serious intention on the part of the international community to help Lebanon, pointing out to “projects worth 3-4 billion dollars that can be implemented in partnership between the public and private sectors,” he said.

In a speech he delivered at a Business and Financial Economic Forum, Hariri said: “We are heading to the Cedre Conference in Paris with an integrated vision of stability and growth, and to project our vision for the investment program.”

“Our goal is to secure funding for the first five-year program,” he said. “We have come a long way in financial reforms and expect to complete this achievement in the 2018 budget.”

Hariri's remarks come as Lebanon gears for the Cedre Conference aimed at backing investments in Lebanon.

The conference is scheduled to be held on April 6 in Paris.

He stressed that “the efforts exerted in the ministerial (budget and finance) committee affirm that there is a will among all Lebanese to straighten the finances.”

“During the discussions of the Finance committee, our concern was to reach a balance between reducing the expenditures and granting some incentives to the economic sectors in addition to trimming taxes for the private sector and citizens,” he added.

“The international community is seriously willing to help Lebanon, but we must first help ourselves. We have development projects worth 3 or 4 billion dollars that could be implemented in partnership between the public and private sectors,” he stated.

Source: Naharnet


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