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Lebanon has 'long road ahead' after budget approval: PM

February 11, 2022 / 10:54 AM
Sharjah24 – AFP: Prime Minister Najib Mikati says Lebanon still has a "long road ahead" after his cabinet approved the budget for this year, stressing that the focus will be on the economic recovery plan for the crisis-hit country.
Commenting on this, Najib Mikati, Lebanon's Prime Minister said, "We still have a long road ahead. We have (to work on) the economic recovery plan, which is the basis for discussion with the International Monetary Fund."

The Lebanon's Prime Minister added, "We have a lot of work to do after completing the budget, which involves focusing on the economic recovery plan. After that, we enter a second stage which is the discussions with the Eurobond holders so that we can reach a settlement with them. And then, we have to work on the restructuring of the banks in general."
February 11, 2022 / 10:54 AM

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