The end of the financial meeting in Baabda and this was agreed



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A meeting is held today at the presidential palace under the presidency of His Excellency the President of the Republic and with the participation of the President of the Council of Representatives and the Prime Minister, the Ministers of Finance, 39, Economy and Trade, State in charge of presidential affairs, President of the Finance and Budget Commission, Governor of Bank of Lebanon, President of Bank of Lebanon and President of the Bank of Lebanon. General Presidency.
The participants deliberated on the prevailing financial and economic conditions, specifying their precise description and their direct and indirect causes, or proposing the proposed solutions, which are obligatory and committed.

– The participants expressed their satisfaction with the evolution in terms of the purification of the political climate, the frankness, the reconciliation and the return to the regularity of the work of the institutions, and stressed the need to commit themselves to maintain political stability and reduce problems.

– The participants confirmed their firm commitment to continue to maintain the stability of the exchange rate of the lira and the stability of credit.

– It was agreed on a number of basic steps to be implemented in the next phase, which contribute to the activation of the economy and the strengthening of public finances, and directly discussed the "McKinsey" report and the submissions of all parties.

The key steps include:
* Adoption of the 2020 budget on its constitutional dates and commitment to a strict application of the 2019 budget, as well as procedures established there and recommendations of the Finance Committee.
* Develop a detailed plan for the launch of planned investment projects in the House of Representatives, amounting to 3.3 billion dollars, after the adoption of the law to guarantee their acquisition, in addition to the projects " Cedar ".
* Commitment for the complete implementation of the electricity plan in its various stages.
* Adoption of a number of reform laws, in particular: bidding, tax evasion, customs procedures, tax procedures and coordination with the Committee to update the laws in the House of Representatives.
* Enable the work of departmental committees, particularly with respect to the completion of state restructuring and job descriptions.
* Complete the stages of judicial reform and strengthen the work of the central inspection and supervisory bodies, as well as the strict control of waste and corruption, and accelerate the completion of transactions.
* Review and cancel inefficient institutions in accordance with previous laws.

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