Cabym's Weblog

the Reference blog for financial investment in Lebanon

Archive for privatization

Delay in reforms to eventually lead to economic contraction

A report commissioned by the Lebanese Businessmen Association (RDCL) indicated that the Lebanese economy will significantly benefit over the short and medium terms from fiscal adjustment and structural reforms, as well as from growth-enhancing reforms, while it will benefit substantially from privatization and social reforms over the longer term, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group.

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Hayek clarifies concepts related to public-private partnership

BEIRUT: Head of the higher council for privatization Ziad Hayek said Tuesday that the partnership between the private and public sectors is different than privatization.

“The partnership between the public and private sectors includes the purchase of services by the public sector from the private sector,” he said.

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