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With the CEDRE conference to mobilize support for Lebanon's economy and infrastructure, comes a de facto deadline of April 6 to implement reforms and move stagnant bills through Parliament. As MPs were sequestered in Parliament Thursday hammering out the 2018 draft state budget, Lebanese officials and experts told reporters that reforms were on track and expressed confidence in the success of the conference. Having said this, we believe that it's not sufficient through a CIP so there is the addition of the three other pillars". They are fiscal discipline and consolidation, sectoral and structural reforms and diversifying Lebanon's productive sectors. Reforms before and after the CEDRE conference are crucial to the success of the conference and the projects in the CIP. Of the other reforms besides the budget that Lebanon has been aiming to complete before the conference, Hazar Caracalla, economic adviser to Hariri, said progress had been made.Lebanon is holding parliamentary elections on May 6 and many more difficult reforms are not anticipated until after the formation of a new government.
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