French president says committed to helping Lebanon’s economy

Lebanon has been slowly enacting certain reforms in order to meet conditions for the release of $11 billion in loans and grants made by international donors in Paris in April 2018.

20 September 2019 | 16:31

Source: Associated Press

  • Source: Associated Press
  • Last update: 20 September 2019 | 16:31

French President Emmanuel Macron, right, and Lebanese Prime Minister Saad Hariri answer reporters in the garden of the Elysee Palace, Friday, Sept. 20, 2019 in Paris. (AP Photo)

PARIS: France’s president said Friday Paris “is fully committed” to implementing the decisions taken during a conference last year to help Lebanon improve its economy.

Emmanuel Macron made his comments while receiving Lebanese Prime Minister Saad Hariri, who is on an official visit to Paris seeking support as dept-ridden Lebanon deals with an ongoing economic crisis.

Lebanon has been slowly enacting certain reforms in order to meet conditions for the release of $11 billion in loans and grants made by international donors in Paris in April 2018.

Macron said the money has been mobilized and that “we have reached an agreement with the Lebanese government for them to be implemented quickly.”

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