The Cabinet appointed seven ministers, split between the March 14 and March 8 coalitions with one centrist, to draft the policy statement.
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The newly formed government must urgently secure the funds pledged by donor nations for Syrian refugees and persuade Gulf states to amend their advisories against travel to Lebanon, economists said Friday.The economists agreed that while the new Cabinet, whose mandate is to organize presidential polls before the May 25 constitutionaldeadline, couldn't perform miracles in three months, it was capable of taking some quick measures to put the country on the right path. Louis Hobeika, professor of finance and economics at Notre Dame University, advised the government to hammer out the 2014 draft budget even if it does not go through Parliament.Echoing Hobeika, Wazni argued that according to the law, the Finance Ministry must introduce the 2014 budget in February or April.
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