Date set for Cé­dre donor con­fer­ence

Executive Magazine - - LAST MONTH -

On Fe­bru­ary 20, the Le­banese govern­ment an­nounced that the Paris IV donor con­fer­ence— also known as the Cè­dre con­fer­ence—will take place on April 6. Le­banon will re­port­edly seek a $16–$17 bil­lion pack­age to over­haul var­i­ous parts of its ag­ing in­fra­struc­ture, as well as funds to sup­port the Le­banese Armed Forces and the coun­try’s econ­omy, strained un­der the weight of ap­prox­i­mately one mil­lion Syr­ian refugees. Fi­nance Min­is­ter Ali Has­san Khalil said on Fe­bru­ary 19 that Le­banon must pass a state bud­get for 2018 in order to demon­strate its com­mit­ment to re­form be­fore ask­ing donors for money. Two other in­ter­na­tional con­fer­ences this year—one in Rome and an­other in Brus­sels—will also cen­ter on gar­ner­ing in­ter­na­tional sup­port for Le­banon. In an­tic­i­pa­tion of the Cè­dre con­fer­ence, an in­fras­truc­ture­fo­cused con­fer­ence will be held on March 6 in Beirut to lay out the govern­ment’s pro­pos­als and ex­plain Le­banon’s new rules for reg­u­lat­ing pub­lic-pri­vate part­ner­ships.

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