Hakim: Financial reform needs arms collection and clear responsibilities

Member of the Lebanese Kataeb Party Political Bureau and former Minister, Alain Hakim, affirmed that Lebanon's stability and security require restricting illegal weapons and comprehensively addressing the financial gap. He explained that recent security incidents, such as the bomb shipment and the Fanar tunnels, reflect an attempt to strengthen Hezbollah’s military and security presence. He emphasized the need to correct the political and economic situation through an integrated system that includes legal and legislative reforms to ensure the state's authority. He also pointed out that resolving the financial crisis necessitates identifying the financial gap and distributing responsibilities between the state and Banque du Liban, along with implementing a clear plan to recover depositors' funds. He stressed that reforming the banking system requires clarifying the powers among financial institutions. He criticized the excessive reliance on taxes in the 2027 budget, warning of its impact on citizens. He highlighted the importance of completing reforms and enabling economic growth to ensure sustainable fiscal balance.

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