Sunday, 20/10/2019 | 10:07 UTC+0
Libyan Newswire

Hariri receives EBRD, UAB delegations

The President of the Council of Ministers Saad Hariri received today at the Grand Serail a delegation from the European Bank for Reconstruction and Development EBRD, headed by its First Vice President Jurgen Rigterink, comprising its Vice President for Policy and Partnerships, Pierre Heilbronn, the regional Head of Eastern Mediterranean, Heike Harmgart and the Head of Lebanon, Gretchen Biery.

After the meeting, Rigternik said: "My colleagues and I just had a very good and constructive meeting with Prime Minister Hariri. As you might know, we have invested 240 million Euros in seven projects last year, and this was our first year of operation and we hope to continue this pace during the upcoming years. For that we gave our full support to the Prime Minister to continue the pace of the reform agenda, particularly in terms of fiscal consolidation and on the energy side."

Hariri also received the Chinese Ambassador to Lebanon Wang Kejian, in the presence of the Minister of Culture Mohammad Daoud, the President of the Council for Development and Reconstruction Nabil Jisr and former Minister Ghattas Khoury.

After the meeting, Minister Daoud said: "During the meeting, the project of the National Conservatory, which will be built in Dbayeh, was presented. The work on the Conservatory, which is a donation from the Chinese state, and will be at an international level, will start before the end of this year".

Hariri later met with the State Minister for Economic Empowerment of Women and Youth Violette Safadi.

Hariri also received the Chairman of the executive committee of the Union of Arab Banks Joseph Torbey and the Secretary General of UAB, Wissam Fattouh.

After the meeting, Torbey said: "We had the honor to meet with Prime Minister Hariri. We presented to him an invitation on behalf of the Union to inaugurate this year's annual conference. Beirut has been chosen to host the meetings of Union's General Assembly, in the presence of most Arab banks and its board of directors.

The Union will also hold an important conference on April 23, which will be opened by Premier Hariri, under the title "Economic Reforms and Governance." This issue is very important in Lebanon and most Arab countries that are facing the kind of challenges we are facing in our country on the economic level. There will be statements from a number of important figures in the Arab world to discuss the issue. We hope Lebanon will embark in the coming weeks on the economic reform plan that begins with budget reduction, electricity and other issues. Premier Hariri, the government, the President and Parliament are trying to form one team in order to discuss the reform plans because such plans require political consensus and speed and any delay may be at a very high cost. We hope to see the required economic reforms in Lebanon in order to be able to talk about the beginning of solutions at the conference."

Source: National News Agency

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