CABINET CONVENES AT BAABDA PALACE, APPROVES INFRASTRUCTURE INVESTMENT PROJECT

The Council of Ministers held its regular weekly session at the Baabda Palace on Wednesday under the chairmanship of President of the Republic, General Michel Aoun, and the presence of Prime Minister Saad Hariri.

The Council of Ministers discussed 35 items on its agenda and a range of matters that require swift and appropriate decisions.

President Aoun initiated the cabinet session by congratulating mothers on Mother’s day, hailing the role of Lebanese mothers at the political, intellectual and social levels.

The President hoped that the Parliament would endorse the 2018 draft state budget as soon as possible, presenting some of the observations on the draft budget and the demands put forward by the Supreme Judicial Council in this regard.

He informed the Council of Ministers of his participation in the Arab Summit in Riyadh next month and his trip to Qatar to take part in the inauguration of the Great Library.

For his part, Premier Hariri highlighted the success of the Rome II conference, which reflected the international community’s commitment to the stability and security of Lebanon.

He also announced that France will provide a credit line with a ceiling of 400 million euros, whereas Russia offered a one billion dollar credit line under study.

Hariri added that the projects proposed by Lebanon under the Public Investment Program (CIP), will be submitted to the CEDRE Conference, according to the priorities of Lebanon, noting that this conference will be accompanied by a series of reforms.

Premier Hariri also announced that the US delegation has informed the Lebanese authorities that the US Congress has lifted the blockade imposed on the delivery of certain weapons to the Lebanese army. Thus, Washington will give Lebanon a donation, in weapons, estimated at 110 million dollars.

At the end of the session, Minister of State for Women’s Affairs Jean Ogasapian, said that the Cabinet approved the proposed national infrastructure investment program, to be submitted to the CEDRE Conference, set to take place soon in Paris,

Source: National News Agency