Beirut:Parliament's Finance and Budget Committee Chairman MP Ibrahim Kanaan has expressed strong support for President Joseph Aoun's stance on national sovereignty and financial reform. Kanaan emphasized the necessity of aligning with Lebanon's official position in order to responsibly navigate the challenges posed by regional conflicts.

According to National news agency - Lebanon, Kanaan highlighted the importance of prioritizing Lebanon's national interests, advocating for dialogue grounded in sovereignty and state control over arms. He stressed the need for comprehensive financial and economic reform as part of this strategy.

Kanaan also underscored the Lebanese state's commitment to its territorial liberation rights, identifying the Army as a key security guarantor and a vital component of President Aoun's strategic plan. In discussions about the state budget, he noted the progress being made in the legislative review process and mentioned that his committee's stance against new taxes has facilitated cooperation with the government and Finance Ministry.

Regarding financial reforms, Kanaan pointed out the current presence of an International Monetary Fund (IMF) delegation in Lebanon for discussions. He stressed the necessity of a fair distribution of obligations among the state, Banque du Liban, and commercial banks, as outlined in the proposed financial gap law.

Kanaan reiterated his commitment to restoring depositors' rights, emphasizing that this is crucial for rebuilding trust in Lebanon's economy and aiding the recovery of the banking sector.