Lebanon’s path to growth and stability

Jihad Azour, Lebanon's finance minister, was director of UN Development Programme and World Bank projects at the ministry before his cabinet appointment in July 2005. He talks to Kate Luxford about Lebanon's economic priorities

What are the new government’s economic strategies?

Azour: aims to restore
confidence

Our objectives are to restore confidence and put the Lebanese economy back on the growth track; to introduce structural reforms on the public finances, in order to adjust the debt dynamic; to liberalize the economy through the privatization of utilities and to achieve sustainable development; and to strengthen Lebanon’s linkage with the global economy, through WTO membership, which will come very soon. So our objectives are economic growth, monetary stability, fiscal reforms, and integration into the regional economy.

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