Fri. Jul 5th, 2024

The head of the Finance and Budget Committee, MP Ibrahim Kanaan, emphasized that quot;the government has not yet conducted the required comprehensive survey of assets and liabilities, especially for the banks, even after four years of collapse.quot;

On LBCI#39;s quot;Nharkom Saidquot; TV show, he stated, quot;I visited the caretaker Prime Minister Najib Mikati and told him that I know the responsibility is significant, and this responsibility cannot be shouldered individually. I asked him to call for a meeting with all decision-makers and request full reports from the banks and the Banque du Liban (BDL), specifying commitments and losses.quot;

quot;The judiciary should start reviewing the forensic audit report, and I will call the Finance and Budget Committee to a session to hear from those concerned about this matter,quot; he mentioned.

Kanaan considered that quot;the government is required to prepare and send the 2024 budget proposal. Sending the 2023 proposal without a vision and with an eight-month delay is a waste of time of no benefit. It does not align with the required reforms locally and internationally.quot;nbsp;

He stated, quot;I have remarks about what Le Drian proposed, but in reality, he is delivering a blow to the political class. What is required is a unified reading to restructure the banks, reach an agreement with the International Monetary Fund (IMF), ensure the independence of the judiciary, and restructure the public sector. Electing a president without a project, vision, or capability to address these issues will remain ineffective and futile.quot;

He pointed out that quot;it is necessary to have a roadmap for the presidency before anything else. The president should have solutions, not to a new vacuum. Filling a position formally without addressing the political, financial, and economic issues we suffer from is inadequate.quot;

He highlighted that quot;no party can bring a president without dialogue. It should not be about imposition and exchange but about pursuing a national and Christian option based on a roadmap that can be implemented in cooperation with forces and blocs so that it does not face its term with obstruction. We need to agree on a salvation for Lebanon.quot; — LBC ENGLISH NEWS

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