Lebanon economy needs urgent surgery to avoid collapseStaff Writer | February 11, 2019
Lebanon's economy needs urgent "surgery" or it could collapse, Prime Minister Saad al-Hariri said on Sunday.
Middle East Prime Minister Saad al-Hariri
"Today in Lebanon we don't have time for luxury in politics because our economy could be subjected to collapse, if we do not carry out this surgery quickly and with (political) unanimity," he told the World Government Summit in Dubai.
International donor institutions and foreign governments want to see the new government enact reforms before releasing some $11 billion in financial assistance pledged at a Paris conference last April called "Cedre".
"I tell you there is political unanimity in Lebanon on all the reforms that happened at Cedre and there is political consensus to fight corruption," he said. ■