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Lebanon presents new economic plan | Lebanon presents new economic plan |
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| Written by News Editor | |
| Thursday, 04 January 2007 | |
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Lebanon's Prime Minister Fuad Saniora on Tuesday unveiled a six-point economic revival and reform program that his government plans to introduce to a conference of donors at Paris later this month. The government is to convene on Thursday to ratify the accord. The reforms, to be discussed at the January 25 conference in Paris, include plans for privatisation and curbing government spending in order to boost economic growth and ease the burden of Lebanon's massive public debt. Saniora warned that failing to gain international support would further escalate the state debt and "the Lebanese economy would enter a very serious era."
© 2007 Al Bawaba |
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