Hakim Says Government's Rescue Plan Does Not Include Any Reforms

  • Economics
Hakim Says Government's Rescue Plan Does Not Include Any Reforms

Former Economy Minister Alain Hakim on Tuesday stressed that the government’s rescue plan which has been called the international programs of reforms does not include any reforms, saying that there are many deficiencies in this plan which might affect the citizens’ trust in the State.

“There is a huge gap in the State’s treasury which will have a great impact on the State’s reform program,” Hakim told Voice of Lebanon radio station.

“The loss of Banque Du Liban came from the State’s mismanaging of the lira price from one hand and the electricity issue from another hand,” he said.

Hakim pointed out that the solutions behind the reforms begin with halting the economy that rely on importation and affect the formal economy in terms of controlling tax and customs evasion, reducing the number of imaginary employees in the public sector and developing important reforms.

“The citizen knows that there is no clear orientation with the State, neither administratively nor politically, but political quotas are still present and this is clear with the files they are studying from the aid regulations to the judicial formations and others,” he added.

 

Source: Kataeb.org