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MP Hariri in favor of reviewing economic policies concomitantly with Syrian reconstruction

3-5-2017

During her opening yesterday of the 25th Arab Economic Forum, MP Bahiya Hariri called for serious preparation for the forthcoming reconstruction of Syria which begins with the anticipated return of security and peace to the neighboring state and for development of a pan Arab roadmap to this effect. Hariri, who represented prime minister Saad Hariri, said the prevailing challenges “urge us to reconsider the fiscal and economic policies in our Arab region and prompt the introduction of required reforms.” She underlined the need to take preemptive measures and prepare the groundwork to attract foreign investments and alleviate the burdens of unemployment on national economy through creation of jobs for the youth. Hariri did not identify the nature of the anticipated changes in economic policies. To recall, the forum was organized by Al Iktissad Wal Aamal Group in cooperation with Banque Du Liban, the Investment Development Authority of Lebanon (IDAL), the Federations of the Lebanese and Arab Chambers of Commerce, Industry and Agriculture and the Institute of International Finance, and was attended by close to 600 participants. On the other hand, labor minister, Mohamad Kabbara, called for increased efforts to secure jobs for the Lebanese people, curb foreign labor competition and strictly apply laws regulating foreign workforce. Kabbara, who represented President of the Republic, Michel Aoun, and PM Saad Hariri at a ceremony organized at the premises of the General Labor Confederation to mark Labor Day, warned that he will not spare any measure to restrain unfair competition and protect Lebanese laborers, in order to sustain national economy and national income. (Al Mustaqbal, Al Diyar, An Nahar, May 3, 2017)

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