Hankache: Situation Does Not Bode Well

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Hankache: Situation Does Not Bode Well

Kataeb MP Elias Hankache on Thursday slammed the austerity policy and the imposed taxes taken by the government as he stressed on the importance of introducing serious reforms.

“Having reached this stage of inner fear over [Standard & Poor’s] credit rating, the situation doesn’t bode well for the future,” Hankache indicated to Al-Joumhouria newspaper.

“Political leaders must head towards implementing serious and clear reforms, or else the country won’t be salvaged. If we survived this time, next time we won’t be as lucky,” Hankache added.

Source: Kataeb.org