Aoun holds meetings related to rationalization of subsidies and the Levantine economic market

Aoun holds meetings related to rationalization of subsidies and the Levantine economic market

NNA - The economic situation was the focus of the meetings which were held today by President of the Republic, General Michel Aoun, especially the issue of rationalizing subsidies and the President's proposal to establish an economic market which includes Arab Mashreq countries: Lebanon, Syria, Iraq and Jordan.

Rationalization of Subsidies:

The President received a joint delegation from the Parliamentary Committee for National Economy, Trade, Industry and Planning, and the Economic and Social Council.

The delegation included: Chairman, MP Farid Boustany, Committee Reporter, MP Ali Bazzi, Chairman of the Economic and Social Council, Mr. Charles Arbid, Council Director General, Mr. Mohammed Said El-Din, and Council Vice-Chairman, Mr. Saad El-Din Hamidi Sakr.

President Aoun was handed the participatory paper which was agreed upon as an entry point to redirect subsidies, which was issued by a group of specialized experts and representatives of international institutions, who met in the presence and