Minister of Economy & Trade Raed Khoury welcomed today at noon a delegation of Moody’s Investors Service
Minister of Economy & Trade Raed Khoury welcomed today at noon a delegation of Moody’s Investors Service that included the vice chairman Elisa Capponi and Alexander Birgece whereof they discussed the economic situation of Lebanon and the region.
Both parties tackled the main steps that the Lebanese Government had undertook in the light of the international meetings that took place, in particular “Cedar 1” Conference. In this regard, Minister Khoury stressed the importance of Lebanon’ financial and security stability since General Michel Aoun was elected President of the Republic as well as establishing reform’ mechanisms according to the current political will in order to ensure the appropriate environment to attract foreign investments with the cooperation and partnership of the private sector.
Furthermore, they discussed the necessity to embark on the electricity sector reforms and reduce the trade deficit through economic diversification and enhancement of the productive sectors as revealed by the results of the economic study made by the Ministry with the cooperation of McKinsey & Company.
Minister Khoury underlined the importance of the lebanese private sector role and the human capacities as key elements of Lebanon’ recovery.
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