SAWT BEIRUT INTERNATIONAL

| 29 February 2024, Thursday |

Minister Youssef Khalil to conclude contract with Alvarez & Marsal within two days

“The purpose of the 2022 draft budget is to enhance the living and social circumstances of citizens,” former Finance Minister Ghazi Wazni said. “We have overseen a 50% increase in salaries and earnings as social support, and we have also raised the transportation allowance.”

“The funding of the financing card is available,” Wazni said during the handover at the Ministry of Finance. “The first source is the World Bank, which has authorized a loan of $295 million, and moving it requires a decision issued by the Parliament.”

Wazni also believed that “the new government has no way out of the problem except through the International Monetary Fund, and our government has presented the Fund with a good recovery plan.”

Wazni stated that the forensic audit is “a national and international requirement,” as well as “one of the IMF’s requests,” and that “Minister Youssef Khalil would sign the contract with Alvarez & Marsal within two days.” “The World Bank called me a few days ago and told me about a meeting in October,” Wazni concluded.

    Source:
  • Sawt Beirut International