Pharaon: We need further reforms to reassure investors at Paris Conference

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Minister of State for Planning Affairs, Michel Pharaon, said that "approving the budget by the government is a positive move for the Paris Conference, especially after the absence of the budget for 10 years."


"We need more reforms to reassure markets and investors at the Conference," he said during an interview.


He stressed "the need to privatize major files that suffer corruption, and to apply the law in that regard, thus contributing to the success of the conference because it will provide confidence."


"We are in a very difficult economic situation and we need a political and administrative team that is expert in such matters," Pharaon said.


"We must commit ourselves to dissociation and resume dialogue on the defense strategy so as to restore confidence in Lebanon and save it from bankruptcy," he concluded.

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