Executive Magazine

Date set for Cédre donor conference

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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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