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[size=30]Aoun warns of the bankruptcy of Lebanon[/size]
24/03/2018 09:13 | Number of readings: 52
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Lebanese President Michel Aoun has warned of a "bankruptcy" of the country.
Maronite Patriarch Beshara Al-Ra'i quoted the president as saying that the country was "bankrupt", adding to the need to "seize money and corruption."
This direct warning and the first of its kind by the Lebanese president, in the light of economic crises have increased the burden on Lebanon, while the Lebanese bet on the conference "Cedar I" to be held in Paris on April 6 next, to revive the economic reality through soft loans with low benefits will be provided The friendly countries of the Lebanese economy, to invest in investment projects in partnership with the private sector, including development projects in the sectors of infrastructure, energy and telecommunications.
The countries participating in the conference require structural reforms in the Lebanese economy, the administrative system and the fight against corruption. The Lebanese government paved the way for this, through the completion of the budget bill for the year 2018, last week, in preparation for referral to the House of Representatives for approval. C
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