Farid Al-Boustani Calls for Price Cuts and Reform

The Parliamentary Economic Committee focused on supporting the efforts of the Ministry of Economy to open up the import of cement, rejecting monopolies, with the aim of enhancing competition and lowering prices, in line with its previous stance on market protection. The committee also discussed the repercussions of rising fuel prices, emphasizing efforts to reduce them locally due to the decline in global markets. Additionally, they addressed the future phase of economic recovery and its connection to negotiations with the International Monetary Fund. The committee highlighted the importance of accelerating banking reforms and addressing the financial gap, while reaffirming the priority of protecting depositors and ending the mutual transfer of responsibilities among relevant authorities.

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