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

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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.

SourceNaharnet
Comments 5
Thumb janoubi 20 March 2018, 12:12

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

yes and tagging along an $84 billion public debt, 35% unemployment, lack of basic services, spread of illegal arms and militias, and a 'dissociation' policy to be proud of.

Thumb justin 20 March 2018, 14:21

loool

Thumb whyaskwhy 20 March 2018, 14:33

100% janoubi, but remember he understands money from three perspectives; you can inherit, marry it or you simply take it when it does not belong to you.

Thumb eagledawn 20 March 2018, 17:37

Cocaine makes all things possible.

Thumb s.o.s 20 March 2018, 15:08

The only thing that’s growing in Lebanon is poverty, lawlessness and the politicians’ bellies.