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Over the past four decades or so, Lebanon has witnessed varying degrees of unfavorable circumstances, with moments in between that have afforded its people the chance to rebuild and do what they do best: produce.This, however, should help in introducing a comprehensive end-to-end module for the management of public projects in Lebanon, and most importantly should immunize, to a great extent, the projects financed under CEDRE against profiteering and corruption, political intervention and influence.r Since projects cover different sectors, projects of a synergic nature may be considered for simultaneously execution, accelerating the efficient attainment of benefits for the whole economy.Another key aspect of CEDRE involves recruiting the private sector and Lebanon's international finance and business partners to participate in financing public projects, in accordance with public-private partnership law.Now, the tasks of authenticating and implementing the outcomes of CEDRE and managing Lebanon's economic, fiscal and social situation will be entrusted to a newly elected Parliament, which has much the same flavor as the one before.In addition to its multidimensional impact on Lebanon, this issue has a negative effect on the current-account balance, since most of the earnings of the Syrian labor force and other cash earnings in Lebanon are converted to foreign currencies and sent outside the country.
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