World bank cautiously optimistic about Lebanon reforms - MENA VP

World bank cautiously optimistic about Lebanon reforms - MENA VP
FILE PHOTO: Ferid Belhaj, World Bank vice-president for the Middle East and North Africa, speaks during an interview with Reuters at Africa 2018 Forum at the Red Sea resort of Sharm el-Sheikh, Egypt December 8, 2018. REUTERS/Amr Abdallah Dalsh -
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AMR ABDALLAH DALSH(Reuters)
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BEIRUT (Reuters) – Lebanon has taken a sound path with reforms in its 2019 draft budget and its power sector but it cannot stop here, World Bank MENA vice president Ferid Belhaj said on Friday.

“In general … we are optimistic, but at the same time our optimisim is cautious because of the economic situation in the region,” Belhaj was cited as saying in a statement from Lebanese Prime Minister Saad al-Hariri’s office after the two met in Beirut.

(Reporting by Ellen Francis; Editing by Catherine Evans)

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