Hariri attends the CEDRE conference in Beirut, Tuesday, March 20, 2018. (The Daily Star/Mohammad Azakir)
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Prime Minister Saad Hariri said Tuesday that Lebanon would seek to raise $6 billion worth of funds at the upcoming CEDRE conference to cover its infrastructure program over the next five years.The government's infrastructure program was presented at the Lebanon Investment in Infrastructure Conference, held on March 6 this year.Hariri added that the objective of the CEDRE conference was being held to ensure sustainable growth and development in Lebanon over the next 10 years.The prime minister also underlined the importance of private sector participation in the conference.Hariri said the second step would be to undertake public finance reforms. Passing Lebanon's first budget in 12 years for 2017 and preparing the 2018 budget rapidly were part of this phase.
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