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Economy of Tomorrow

  • Create 30,000 job opportunities every year through an investment plan in food and pharmaceutical industries and in the digital, creative, and tourism sectors.
  • Finance production sectors with funds from deposits in Lebanon and capital from Lebanese expatriates and international development agencies.
  • Establish an independent municipal credit fund to develop Lebanon's regional economy according to local characteristics and foster cooperation between municipalities.
  • Set up special economic zones (artificial intelligence, digital economy,...) to drive innovation and increase exports.
  • Develop vocational training in partnership with the private sector and facilitate the integration of trainees into the labor market.

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Economy of Tomorrow

 

  • Create 30,000 job opportunities every year through an investment plan in food and pharmaceutical industries and in the digital, creative, and tourism sectors.
    • Encourage the creation of specialized investment funds, especially in sectors that have competitive edges.
    • Streamline administrative processes hindering export operations and reduce their costs.
    • Develop the country’s infrastructure, particularly transportation and communications (Internet).
    • Develop the Labor Law with the consideration of workforce mobility.
  • Finance production sectors with funds from deposits in Lebanon and capital from Lebanese expatriates and international development agencies.
    • Embrace the section of the McKinsey plan that identifies sectors with added value and export capabilities.
    • Develop the financial markets in parallel with the restructuring of the banking sector.
  • Establish an independent municipal credit fund to develop Lebanon's regional economy according to local characteristics and foster cooperation between municipalities.
    • Conduct a study identifying the distinguishing competitive edges of regions and large towns in Lebanon (tourism, culture, agriculture, trade, maritime transport, ecotourism, skiing, etc.)
    • Approve and implement the Decentralization Law, which strengthens the role of local councils in planning, implementing, and securing financial resources.
  • Set up special economic zones (artificial intelligence, digital economy,...) to drive innovation and increase exports.
    • Adopt a law to establish specialized economic zones according to an integrated national program.
  • Develop vocational training in partnership with the private sector and facilitate the integration of trainees into the labor market.
    • Move from general vocational training schools to specialized centers of excellence, which provide expertise in specific professional areas.
    • Engage the private sector in the curriculum development process.
    • Improve the credibility of skills evaluation by introducing certificates from the private sector.

Read more about the "Economy of Tomorrow" in the below links:

Youth

Contribution to the Economy

Economic Growth

Unemployment

Balanced Development

 

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