We will not be able to lift Lebanon … a pessimistic international outlook! – Ambassador of the North

The Executive Director of the International Monetary Fund and the representative of the Arab Group, Mahmoud Mohieddin, highlighted the difficult economic situation of Lebanon in light of the crisis of government formation, stating that “all crises need a concerted group of solutions, but there is still a set of core solutions required by countries. “

He explained during his speech on the Egyptian channel “ON” that “when we talk about the crisis of global economic recovery and hope with the emergence of vaccines, some crises remain in some countries, whose solution depends, for the most part, on of central solutions, and the key to solving the crisis in Lebanon depends on political consensus and the existence of a government with parliamentary authority and support, and without that, a party like the International Monetary Fund cannot lift Lebanon off its stumbling block. Without a representative government with powers in Lebanon, the fund cannot solve the crisis because it needs a government to treat and cooperate with it to conclude binding agreements.

He continued: “I am sorry when I speak of Lebanon as an Arab country diverse in the ability of its people, as it is a highly qualified people, which is characteristic of Lebanon, which has no natural resources compared to other countries, but has enormous resources. humans, “explaining that” Lebanon suffers from poverty. ” According to the latest international indicators, it exceeds 50% of the population.