BEIRUT, Lebanon, April 2 (NNN-NNA) – The European Bank for Reconstruction and Development (EBRD), stressed the need to accelerate investments in Lebanon for 2019, local media reported.
“We want to accelerate our investments for this year … but there is a great need for urgent reforms in Lebanon, especially in the public finance and electricity sectors,” Jurgen Rigterink, first vice president of the EBRD, was quoted as saying.
Rigterink’s remarks came, during a meeting with Lebanese Finance Minister, Ali Hassan Khalil, to discuss joint projects between the ministry and the bank.
“We think that with the new Lebanese government, the country is ready to take these reform measures,” he said.
Khalil is expected to send the draft budget to the council of ministers soon, and then to parliament for voting, by the end of May.– NNN-NNA
