7 strategy axes draw a comprehensive rescue plan for the Lebanese economy until 2035

The Lebanese Minister of Economy and Trade, Dr. Amer Bastat revealed in an interview with"National Media Agency" On strategic axes within a comprehensive rescue plan that supports the Lebanese economy. Consumer protection mechanisms, along with a structural path to stabilize stability through fair competition, competition law, and private sector support, by improving the business environment. "One window"And promoting foreign trade, stimulating partnerships between the public and private sectors, in addition to stimulating credit and providing financing for small and medium enterprises (SMES), as one of the pillars of sustainable economic growth. In Tripoli, which works to reactivate it economically and tourism in partnership with the private sector. "We see an actual response from international institutions, financing agencies, and we are witnessing a new engagement of businessmen, industrialists and local investors.".". "We started putting the hand on basic files, and we introduced actual reforms in some economic and administrative paths, especially in the banking file (by raising banking secrecy and setting a legal framework for the restructuring of banks), as well as in the files of appointments and economic governance"
added: "The work is still in its infancy, and the road is long, but what is hope is that all the ministers today work seriously and clearly, and everyone focuses on its file within a common goal: implementing the minimum reforms that each sector needs in the state". "We have a highly efficient government team, technically homogeneous, and every minister knows the priorities of his ministry, and most importantly, actual coordination between ministries, and the Ministry of Economy currently leads the course of preparing the medium -term economic vision document in cooperation with all the relevant ministries". To move the economic wheel and restore confidence. "From this standpoint, we started direct communication with all the relevant ministries, because the role of the Ministry of Economy is not only technical, but my coordination and my vision par excellence". />
added that the ministry plays its role in controlling markets; To reduce the high prices as much as possible, in addition to intensifying the supervisory rounds, and raising the pace of control. To increase the fines imposed on violators in this context, the implementation of the competition law is a pivotal step to improve the structure of the markets in Lebanon, and to align its economic environment with the best international practices in the field of fighting monopoly. The rentier that leads to waste of resources, as well as enhances the efficiency of its allocation, reduces the cost of production, and is pushing towards promoting competitiveness, which improves the economic feasibility of existing and new investments. Preparing the necessary applied decrees to put the law into full implementation. (Vana) The march of reforms in various sectors, putting the economic file at the forefront of its priorities. The ministries, and an active follow -up with the International Monetary Fund. "Nna" She said: "The Lebanese Republic began the march of reforms in various sectors in conjunction with the New Testament, headed by General Joseph Aoun, and his new government headed by Judge Nawaf Salam, and took it upon themselves to develop development and improvement, especially in the economic track; To be able to obtain aid from the International Monetary Fund and support other countries and international organizations. The Ministry of Economy and Trade took the initiative to develop plans and program for economic and living files and sectors, supervised by Minister Dr. Amer Bastat".