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2026-11-11T02:52:29.000Z

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Kanaan stresses army role

Kanaan stresses army role

After meeting President Joseph Aoun in Baabda, Ibrahim Kanaan, chair of the Finance and Budget Committee, said the army is a guarantor for all Lebanese and that safeguarding its role is part of the president’s strategy. He affirmed the state’s commitment to liberating its territory, upholding the principles of sovereignty, and retaining an exclusive monopoly on arms. Kanaan said the budget’s legislative process was progressing well and that he opposed imposing taxes, while an International Monetary Fund mission in Lebanon was reviewing financial matters. He added that the financial-gap law should distribute the burden among the state, the Banque du Liban, and the banks, prioritizing the recovery of depositors’ rights and the restoration of confidence in the economy and banking sector.

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