Eniola Olorundare
Lebanese President, Michel Aoun has decided to meet with the International Monetary Fund (IMF) and the World Bank soon on developmental reforms.
This was reported at a meeting with a delegation from the labour confederation at Baabda Palace.
The president said that economy will be the main priority in the coming period.
“We will initiate talks with the IMF and World Bank for financing, as there is an international will to help us,’’ he said.
Aoun said the new cabinet will launch several projects, including the construction of power stations and the reconstruction of the Beirut port which was destroyed by two huge explosions on Aug. 4, 2020.
Lebanon formed a new cabinet on Sept. 10, after a long period of a political vacuum in the country.
The cabinet was formed in the hope to implement much-needed reforms and unlock foreign aid to save the country from its current collapse.
