Economy & Finance Vision

Vision:

The state of Lebanon achieves growth in a productive economy and advanced infrastructure services.

 

Strategy & Milestones:

Section One: Public Finance Management

  1. Reduce general operating expenses, Increase government revenues
  2. Achieving savings through privatization of the electricity sector in Lebanon
  3. Reducing interest on public debt annually to generate annual savings
  4. Establishing the Lebanese Sovereign Wealth Fund (SWF)
  5. Activating and developing the public procurement law

 

Section Two: Public Administration Reform

  1. Non-sectarian Administrations
  2. Effective Public Service Serving the Citizen

 

Section Three: Energy Policies

  1. Establishment of an independent Lebanese Energy Authority.
  2. Privatization of Electricity in Lebanon.
  3. Encouragement of renewable energy plants through Build-Operate-Transfer (BOT).
  4. Promotion of solar energy use by property owners.
  5. Privatization and regional division of the distribution network.

 

Section Four: Water Management Policy

  1. Issuance of a national technical master plan based on the 2004 plan and the study initiated by Parsons International (PIL).
  2. Restoration of Water Bill Collection and Control of the Parallel Market
  3. Rehabilitation of pipeline network.
  4. Construction of 15 hydroelectric plants on the 23 planned lakes
  5. Exploitation of groundwater reservoirs in, Cleaning Lakes, Rivers, and Artesian Wells.

 

Section Five: Waste Management Policy

  1. Establishment of an independent waste management authority.
  2. Adoption of a master plan to combat pollution with regulations.
  3. Decentralized privatization of waste collection.
  4. Mandatory selective waste sorting at the source for individuals, factories, and companies.
  5. Cleaning, decontamination, and rehabilitation of existing landfills

 

Section Six: Internet and Telecommunications Policy

  1. Establishment of an independent Lebanese telecommunications Authority.
  2. Abolition of OGERO’s monopoly and opening the landline market to competition.
  3. Licensing mobile operators and opening the market to Free competition
  4. Funding operation and maintenance of the internet network through an annual tax imposed on any citizen subject to income tax.
  5. Doubling the capacity of submarine cables and investing in the fiber optic network

 

Section Seven: Public Transport Policy

  1. Master plan for the road network.
  2. Prohibition of commercial activities on highways and reorganization of access to shopping centers that have developed illegally there.
  3. Master plan for public transportation and rail networks.
  4. Strict standards for road network construction and maintenance with division of local and national competencies.
  5. Tax reform and technical inspection of vehicles with an annual tax to finance road network maintenance.

 

Section Eight: Urban Planning and Housing Policy

  1. Master plan for urban planning across the country.
  2. Construction of 10,000 social housing units annually for 15 Years.
  3. Reform the management of the real estate registry.
  4. Protection of natural reserves and historical sites from all forms of encroachments.
  5. Abolition of property rights for all illegal constructions.

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