HASBANI: PARIS FUNDS WITHOUT REFORMS WILL ESTABLISH GROUNDS FOR REVOLUTION INSTEAD OF DESIRED STABILITY

Deputy Prime Minister, Public Health Minister Ghassan Hasbani warned Sunday of pinning hopes on a breakthrough in Lebanon’s economic crisis with the convening of the Paris 4 Conference (Cedre), deeming that “Paris funds without reforms will establish grounds for a revolution instead of the desired stability.”

“The launch of any commitments we are unable to implement later will cause great frustration,” said Hasbani in an interview to the Arab Economic News Website.

“Following the conference and the parliamentary elections, we will enter into the event of waiting for the money. We will neglect the reforms we have to do internally, which are enough to save us from waiting for external funding,” he added.

Hasbani expressed keen concern for the success of the Cedre Conference in accordance with the framework set by the international community, “otherwise, it will not lead to the desired results, especially if Lebanon fails to implement its promises and commitments.”

He considered that the aim of reconstruction conferences is to provide continuity of economic growth, employment opportunities and social stability. However, he indicated that “the experiences of global investment in reconstruction projects could be detrimental to Lebanon if it does not implement the series of political, administrative and financial reforms.”

“International support should be given in a measured and expeditious manner. Priority should be given in the displacement dossier to sanitation, electricity, public health and education,” Hasbani underscored.

Source: National News Agency