DIAB TO SYNDICATE OF PRESS EDITORS: PEOPLE’S DEPOSITS WILL NOT DISAPPEAR, LEBANON NOT THE FIRST COUNTRY TO FALTER

NNA – Caretaker Prime Minister, Hassan Diab, received the President of Lebanon’s Syndicate of Press Editors, Joseph Kossaifi and Syndicate council members Nafez Kawwas, Georges Chahine, Wassef Awada, Scarlet Haddad and Youmna Chakar Gharib, in the presence of PM Advisor, Khodor Taleb.

During a small talk with the delegation, Premier Diab said that the government had been engaged, since its formation, in a harsh battle on various fronts. Never before has a government faced calamities, problems and crises of such a magnitude and pace during six months and even during the caretaker period; it has also borne great burdens as a result of wrong financial, economic and monetary decisions taken by previous governments.

PM Diab stressed that the first crisis facing the government was Lebanon’s default on payment of the Eurobonds, adding: “We tried, through dialogue with banks and the Central Bank of Lebanon, which owned at that time 75 percent of the shares, to resort to the option of debt rescheduling and avoid defaulting on payment. However, we were later surprised that some banks sold their shares abroad, and therefore we could no longer reschedule the debt; we were left with two options: either to pay or to declare default, so we decided in the Council of Ministers, with the approval of the three presidents and of monetary and financial stakeholders, to stop debt repayments and resort to debt restructuring. Then, we elaborated the economic and financial reform plan that was praised by the International Monetary Fund (IMF) and the European Union, and we decided to embark on negotiations with the IMF; afterwards, we approved several fundamental reforms as a practical translation of the financial and economic reform plan, and we took several decisions in terms of fighting corruption”.

Premier Diab revealed that “we had no choice but to resign after the Beirut port explosion, but I asked the ministers who wanted to resign the day after the explosion to wait for several days pending the approval of some decisions in the Council of Ministers to redress the families of the martyrs, the wounded and those affected by the tragedy, and I promised them that I would announce the government’s resignation on the 10th of August”. PM Diab recapped that the administrative (ministerial) investigation committee set up by the government before its resignation elaborated and adopted several recommendations, namely:

1- Referring the case from the military court to the judicial council so that the families of the martyrs can file personal criminal lawsuits to realize their rights, and which is not possible in the military court;

2- Considering the victims of the port blast as martyrs, and equating them with the martyrs of the Lebanese army;

3- Approving the one hundred billion LBP advance;

4- Placing the employees of the first category – if they are arrested – at the disposal of the Presidency of the Council of Ministers, and placing the employees of the second category and below at the disposal of the competent minister;

5- Allowing the wounded to benefit from social security.

Regarding the reasons for the government’s inability to remain operational, Premier Diab made it clear that any prime minister, no matter how strong and clean-handed he is, will not be able to succeed in the absence of political consensus and support from various parties, adding that “it is not possible to choose fully independent ministers without consulting Parliamentary blocs that will give confidence in the parliament, but the current government is the closest, in Lebanon’s history, to the requirements of a technocratic government”.

Regarding the rationalization of subsidies, PM Diab recalled that the government had sent four scenarios to the joint parliamentary committees to be discussed with the ministers, MPs and the Central Bank of Lebanon so as to choose the most appropriate solution. However, since the parliament has demanded a unified scenario, the need for the financing card became urgent to compensate for the additional costs that the citizen would incur.

Premier Diab also stressed the need to form a government as soon as possible and added: “If we had formed a government nine months ago, we would not have reached this difficult situation.” He reiterated that he would not violate the constitution by holding cabinet sessions during the caretaker period and in light of the current political divisions.

Regarding the decree for amending Maritime Borders’ Decree number 6433, the Prime Minister said: “I have signed it, and it is more likely that the President of the Republic will sign it.”

PM Diab concluded by saying: “People’s deposits will not disappear, and Lebanon is not the first country to falter.”

At the outset, the President of Lebanon’s Syndicate of Press Editors, Joseph Kossaifi, delivered a statement in which he said that “the visit of the Council of Press Editors’ Syndicate to PM Diab coincided with Lebanese Press Martyrs’ Day. Those martyrs have drafted, with their blood, the Freedom Document from 1916 until recently, in order for them to have a sovereign state characterized by the culture of coexistence. A State of citizenship, rights and equality.  But the promised state did not materialize, while so much could be said on the reasons.

However, over the years, the press and media community did not get the state’s attention. There is no unified law that takes care of them, nor guarantees that would protect them and safeguard their profession. Despite their direct contact with decision-makers, and while they got used to their seasonal commend of their role, they did not notice any serious effort to develop a plan to reshuffle this sector.

In any case, the concerns of journalists and media professionals cannot be separated from the concerns of citizens, whose frustration has reached the point of disbelief, for they are witnessing the collapse of their country.

The Central Bank does not speak frankly about the reality of the situation, while shunning the forensic audit.

Banks are locking citizens’ deposits and are only issuing ambiguous statements to reassure citizens of their deposits’ fate.

Productive sectors and public administrations are suffering from deficit and waste, and no one is held accountable in the absence of an effective and independent role of the supervisory bodies.

However, the worst thing facing the Lebanese today is the issue of lifting subsidies on basic commodities, in light of the disagreement over alternatives and mechanisms: a ration or financing card, the poorest families, and the growing fear about the fate of mandatory reserves.

Most of Lebanon’s families are on the brink of poverty or living below poverty line, lest we say all of them, except for the lucky ones who smuggled their money abroad, without the state being able to retrieve a single penny.

Lifting subsidies in light of the eroding payroll values and the uncontrolled and unabated continuing rise of the dollar’s exchange rate will further exacerbate the crisis.

Your Excellency,

We do not hold you responsible, alone, for the deep crisis that weighed heavily on the country, and which you sought to address amidst extremely difficult and critical conditions. But the reality of the ground went beyond your willingness to reach a solution.

Your Excellency,

We will not cry nor lament, but we shall warn against the further deterioration of the situation”.—PM Press Office

 

Source: National News Agency-Lebanon

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Welcome to Lebanon News Gazette, your window into the captivating world of Lebanese news and beyond. We are here to deliver timely, accurate, and captivating coverage that keeps you informed and engaged.