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FinancialNews


  • 17-11-20

    Lebanese finance minister alerts against absence of improvements

    (MENAFN)

    On Monday, Nov. 16, it was stressed by Lebanon's Caretaker Finance Minister Ghazi Wazne that any more postponement by Lebanon's political class to realize essential economic improvements would indicate "the end" of the country.

    The minister noted in a declaration issued by the Finance Ministry that "following this policy of slowness means death for the Lebanese people. It would really be the end."

    Wazne affirmed his endorsement to the initiative of French President Emmanuel Macron who, in exchange for anti-corruption improvements, promised foreign financial assistance to the country.

    There will be negative effects on the security, steadiness and future of Lebanon caused by the lack of improvements, said the minister.

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