Shami says Lebanon at crossroads, urges for speedy reforms


Deputy Prime Minister Saadeh Shami said Friday that Lebanon is at a crossroads between reforms and further collapse.

"We have drawn a roadmap for economic, financial and monetary reforms through an agreement with the International Monetary Fund," Shami said, urging for a quick implementation of the IMF's prerequisites in order to reach a final agreement as soon as possible.

Shami added that "every day of delay will have significant negative repercussions on the economic situation."

He urged for passing the state budget and the capital control laws as soon as possible.

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