Last but not least, every effort should be made to speed up the process of finalizing the oil and gas exploration and production projects. Such a sector would create massive employment opportunities at all levels on a sustainable basis. Government and Parliament action is here urgently needed. By creating job opportunities at the national level, Lebanon’s economy would be considerably enhanced and it would be in a far stronger position to weather any political instability. But success is not easy and there are preconditions for it to happen. In this respect, the World Bank report recommends introducing legal and administrative reforms, including policies that favor open markets, safeguard competition, ensure equal opportunities for all entrepreneurs, and, overall, ease the climate for business in the country...
Posted on: Sat, 17 Jan 2015 08:27:48 +0000
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