Overview of Beirut taken on Nov, 20, 2024. (Credit: Philippe Hage Boutros/L'Orient-Le Jour)
The private sector has welcomed the formation of Prime Minister Nawaf Salam’s new government, after finding some reassurance in the developments since President Joseph Aoun’s election on Jan. 9.Representatives contacted by L’Orient-Le Jour have expressed positive views on the new administration but stressed that work is just beginning. Some already worry that initial optimism could give way to disappointment. On Sunday, the Association of Banks in Lebanon (ABL) issued a statement urging the new government to implement reforms that would help Lebanon "regain its regional" financial standing, which was lost during the 2019 economic crisis. Read more Charafeddine pushes for a ministry to oversee deposit restitution, but experts remain skeptical Economic organizations"The employers praise the speed with which the...
The private sector has welcomed the formation of Prime Minister Nawaf Salam’s new government, after finding some reassurance in the developments since President Joseph Aoun’s election on Jan. 9.Representatives contacted by L’Orient-Le Jour have expressed positive views on the new administration but stressed that work is just beginning. Some already worry that initial optimism could give way to disappointment. On Sunday, the Association of Banks in Lebanon (ABL) issued a statement urging the new government to implement reforms that would help Lebanon "regain its regional" financial standing, which was lost during the 2019 economic crisis. Read more Charafeddine pushes for a ministry to oversee deposit restitution, but experts remain skeptical Economic organizations"The employers praise the speed with which the...
