BEIRUT, September 15 (Hfrance.fr) - The new Lebanese government has undertaken to resume talks with the International Monetary Fund for a short and medium term rescue program, a draft policy statement obtained by Hfrance.fr was presented on Wednesday.
Le Prime Minister Najib Mikati's government is due to meet on Thursday to approve the project, which will then go to a vote of confidence in parliament.
The government, which ultimately accepted Friday after a year of political conflict over cabinet seats, must tackle one of the worst economic depressions in history.
The draft political declaration indicated that the government would start implementing reforms as it resumed talks with the IMF, which last failed.
He said the government would resume negotiations with creditors to reach agreement on " a mechanism for restructuring the public debt ", and put in place a plan to reform the banking sector.
The press release indicates that the government is committed to respecting all the articles set out in a Frenchreform initiative and "would renew and develop" a recovery plan prepared by the previous government.
The government will also work with parliament to pass a capital control law, according to the draft.
He will hold legislative elections scheduled for next spring on time, according to the project. Report by Laila Bassam, written by Maha El Dahan / Tom Perry; Edited by Kevin Liffey and Catherine Evans
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