Accuracy of the Minister of Economy concerning the rate of exchange of the Lebanese pound



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The Minister of Economy, Mansour Btaish, said that "the exchange rate in Lebanon is fixed and that there is no fear for the Lebanese pound and that no one thinks of playing at exchange rate, but we are a free economic system, any upward or downward change like all supply and demand currencies, and we hope things will return to their best. "

He pointed out that "the discussions on the economic collapse and financial bankruptcy are not related to the numbers, which talk about financial bankruptcy and that the collapse does not give any figures, it's a kind of # 39; intimidation. "

"The phase is accurate, but all political parties are baduming their responsibilities and yesterday's meeting of the Baabda Palace confirms that we are moving towards a new phase, that of public finance restructuring more and more," Bteich told Sputnik .

He stressed that "the 2019 budget points to important reforms in the future, and we are going into reforms and control of public finances and going into investment spending, as we have seen in the past." said Prime Minister Saad Eddin Hariri.We reached political arrangements yesterday, accompanied by projects at the same time "Lebanon. "

He added that "the country needs investment projects and their results," Cedar "will be positive because it boosts infrastructure and provides an increase for real and sustainable economic growth."

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