State of Economic Emergency declared by political parties. Decisions include cutting deficit and selling part of public companies

Top State officials and political and financial leaders have agreed on the broad lines of a three-year economic emergency plan that aims to reduce the fiscal deficit and speed up the implementation of capital investment projects, according to Prime Minister Saad Hariri.

The leaders have approved a medium-term fiscal framework over the three-year period 2020-2022 that aims to achieve an annual primary budget surplus of at least three percent, four percent, and five percent of GDP over each...

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