Hariri arrives to attend a Cabinet session in Baabda, Wednesday, March 21, 2018. (The Daily Star/Hasan Shaaban)
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Encouraged by the success of last week's Rome II conference in support of the Lebanese Army and security forces, the Cabinet Wednesday approved the Capital Investment Program to be presented to the CEDRE conference scheduled in Paris next month aimed at boosting Lebanon's ailing economy and frail infrastructure.The CIP, Lebanon's blueprint to the CEDRE conference, also known as the Paris IV conference, was a key topic on the Cabinet's 35-item agenda discussed during a meeting chaired by President Michel Aoun at Baabda Palace.It is one of three international conferences aimed at supporting Lebanon.said Tuesday that Lebanon was seeking $6 billion for a five-year infrastructure program at the CEDRE conference.Both Aoun and Hariri called on Parliament to ratify the 2018 draft state budget as soon as possible to send a positive signal to donor conferences aimed at supporting Lebanon.Hariri underlined the importance of the CEDRE conference and its "positive impact" on the economic situation in Lebanon.
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