Prime Minister Dr. Hassan Diab Stressed His Refusal to Talk About Lifting Subsidies

Prime Minister Dr. Hassan Diab Stressed His Refusal to Talk About Lifting Subsidies

Prime Minister Diab chaired a meeting devoted to addressing the economic, financial and social situation, as well as negotiations with the International Monetary Fund. The meeting was attended by Ministers Zeina Akar, Ghazi Wazni, Raoul Nehme, Imad Hoballah, Ramzi Musharrafieh and Abbas Mortada, in addition to Central Bank’s Governor, Riad Salameh, Secretary-General of the Presidency of the Council of Ministers, Judge Mahmoud Makie and President of the Association of Banks in Lebanon, Salim Sfeir. The interlocutors took stock at contacts the Minister of Finance periodically makes with the IMF, and they were also briefed on the stages of the work conducted by Alvarez forensic audit company, that targets the BDL accounts, and which is supposed to start soon. In this context, PM Diab stressed his refusal to talk about lifting subsidies and called for focusing work on rationalizing subsidies for foodstuffs, medicine, flour and fuel.

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