Regarding the importance of conducting elections and their impact on foreign aid and negotiations with the International Monetary Fund (IMF), economic sources have expressed concern that Lebanon may have squandered a valuable opportunity by not enacting the reforms required by the current government and parliament. They indicated to "Anbaa" that no one can predict how things will be after May 15 and whether a government can be formed quickly enough to address the crises.
In this context, financial and economic expert Anis Abu Dhiab stated in an interview with "Anbaa" that parliamentary elections are a constitutional obligation and their importance lies in being conducted transparently, which would help restore confidence in Lebanon as a state. He noted that "the focus should be on the continuity of obligations, especially since the government after the 20th of this month will become a caretaker government, which necessitates forming a government swiftly to continue negotiations, as we still have the opportunity to benefit from aid," emphasizing the importance of fulfilling obligations on time.
Regarding the delay in implementing reforms, he pointed out that they have become part of the agreement with the IMF, indicating that if we wish to continue with the IMF, we must enact the law on capital control, the public budget law, the law revising banking secrecy, and the law regulating the banking sector. He explained that we initially signed a preliminary agreement with the IMF, and subsequently, the new council must begin working on enacting the laws. He said, "Only the law for restructuring the banking sector must pass through this government, and there is a possibility for that. It can be referred to the parliament in the cabinet session on the 19th, as it can be introduced as a draft law submitted by the government, thus speeding up the steps."
Anbaa Newspaper
