Hariri said he expected to have “at least six women ministers” in the next government. (The Daily Star/Mohammad Azakir)
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Prime Minister-designate Saad Hariri said that all political parties were committed to reforms, pledging that the next Cabinet intends to bring down energy subsidies by about $600 million in 2019 . Hariri made the comments during the Global Business Summit organized by Endeavor Lebanon and Lebanese International Finance Executives at the Four Seasons Hotel Friday. Asked about the prospects of raising taxes to reduce the deficit in 2019, Hariri said there would be no need if the government reduced the heavy subsidies on electricity.Hariri said he was upbeat about the prospects of forming a government very soon.The prime minister-designate's comments were particularly well-received at the business summit, where the main subjects were the challenges facing small and medium enterprises and the development of financial tech in a fragile economy.Hariri later addressed this crucial issue in what was structured as a town hall meeting, where the audience had the opportunity to ask questions.Despite the many challenges of the past years, the Lebanese banking sector is healthy, Salameh added.
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