Lebanon expects 'very positive' reaction to reforms from foreign donors: Gov adviser

Reforms announced by Lebanon’s government are expected to get a ‘very positive’ reaction from foreign donors, Nadim Munla said. (File photo: Reuters)

Reforms announced by Lebanon’s government are expected to get a “very positive” reaction from foreign donors and send a clear message that the country is handling its budget deficit, senior government adviser Nadim Munla said on Tuesday.

Munla said some political groups had suggested a cabinet reshuffle and such a move could be decided “within days” but had not yet reached a level of serious debate or come from Prime Minister Saad al-Hariri.

Munla said Lebanese bond holders would not be affected by reforms that include a reduction in debt servicing and that zero growth was expected in 2020.

SHOW MORE
Last Update: 10:07 KSA 13:07 - GMT 10:07
Top