Lebanese President Michel Aoun (C) meeting with Parliament Speaker Nabih Berri (L) and Prime Minister Saad Hariri at the presidential palace in Baadba on November 22, 2017. (AFP)
Middle East Eye: Lebanon declares state of economic emergency
Saad Hariri vows to accelerate financial reforms following four-hour meeting with top Lebanese officials
Lebanese officials declared a state of economic emergency on Monday, vowing to speed up public finance reforms in an acknowledgement of the financial situation afflicting the country.
"This difficult economic situation requires us taking speedy measures such as finishing the budget on time and reducing the deficit," Prime Minister Saad Hariri told reporters after a four-hour meeting called by Michel Aoun, Lebanon's president, to discuss the country’s economic crisis.
The meeting, attended by parliament speaker Nabih Berri, cabinet ministers, lawmakers and leaders of political parties, ended with an agreement on the outline of a plan to steer Lebanon in a more sustainable direction.
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Update #1: Lebanon to declare ‘state of economic emergency’ and push ahead with reforms (CNBC)
Update #2: Lebanon's economy set to shrink as government eyes state of economic emergency (The National)
WNU Editor: Their focus is on the economy, but the Lebanese government's view of Hezbollah has raised a few eyebrows .... Lebanese PM: We’re not responsible for Hezbollah; it’s a ‘regional problem’ (Times of Israel).
1 comment:
Hezbollah should be wiped out.
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