Choucair warns about a repeat of economic disaster in 2013

President of the Lebanese Federation of Chambers of Commerce, Industry and Agriculture Mohammad Choucair, warned the government against a repeat of the year 2012 economic downturn in 2013 and accused it of dissociating itself from the economy of Lebanon warning that the sale of Movenpick Hotel came at a very sensitive time suggesting that Lebanon has been crossed out from the list of investments.

In an interview with al Jamhouriya newspaper , Choucair said that all private sectors that are engaged in trade to tourism to industry cannot afford another 2012 in the year 2013, adding that the flight of Arab and foreign capital poses a threat to Lebanon , pointing out that whoever sold hMovenpick Hotel did not need the money but the move signaled the deletion of Lebanon from the investment map which is a very scary signal.

Choucair hopes to witness in 2013 the return of prestige to the state urging the government to focus on the economy as a first priority in order to avoid a socio-economic disaster in 2013 . He urged the government to end its dissociation policy towards the economy for the sake of the Lebanese people and Lebanon.

One observer commented on Choucair’s remarks by saying: “If a businessman as wealthy as Prince Walid Ben Talal ( Movenpick Hotel owner) can’t handle the Lebanese situation anymore, then what can you say about those who don’t have his billions? He added: “This is a culmination of all the policies that this current government has pioneered – and it seems they haven’t taken the hint yet.”

  • Patience2

    Time for a change of government.

  • Patience2

    Time for a change of government.

  • Amine123

    Lebanon must have one government first before they even attemp to talk about tourism or development of their country? If HA is free to kidnap and kill tourist and foriegner as they please then noone will dare come..
    It is very simple, resolve this problem first, otherwise noone will invest in Lebanon

  • Amine123

    Lebanon must have one government first before they even attemp to talk about tourism or development of their country? If HA is free to kidnap and kill tourist and foriegner as they please then noone will dare come..
    It is very simple, resolve this problem first, otherwise noone will invest in Lebanon

  • http://pulse.yahoo.com/_B2K4S23OFZLXG7ETRIUO4RSLOM Joey

    tourism what in lebanon to see nasrallah and his big beard or aoun and his son in law there is heck all to see in lebanon ,its the help coming from outside the country keeping the country floating them idiots clowns in powers think they are doing a great deal they should been set a light longtime ago wake up lebanese people before its to late
     

  • http://pulse.yahoo.com/_B2K4S23OFZLXG7ETRIUO4RSLOM Joey

    tourism what in lebanon to see nasrallah and his big beard or aoun and his son in law there is heck all to see in lebanon ,its the help coming from outside the country keeping the country floating them idiots clowns in powers think they are doing a great deal they should been set a light longtime ago wake up lebanese people before its to late