MIKATI INAUGURATES BEIRUT ECONOMIC FORUM 2022

Caretaker Prime Minister, Najib Mikati, inaugurated the Beirut Economic Forum 2022 at Phoenicia Hotel on Thursday, organized by the Union of Arab Banks (UAB) and titled “Arab Experiences in Economic Reforms and an Agreement with the International Monetary Fund.”

In his word, Mikati stressed the necessity of devising a comprehensive strategy to enact structural reforms that ensures the sought economic and social recovery.

“This path contributes to restoring growth and balance to the macroeconomic indicators, which are crucial for invigorating investments, creating job opportunities and recuperating trust,” he said. “This path requires the support of the international community through an agreement with the IMF,” he added.

“We believe that there is no solution to the current economic and monetary crisis in Lebanon without the conclusion of a final deal agreement with the IMF,” he underlined.

Mikati went on to say that overcoming the crisis should be through a general settlement that includes the election of a president of the republic in the nearest time possible, the formation of a new government, the expedition of the required reforms, and the conclusion of a final deal with the IMF.

Source: National News Agency – Lebanon