President Michel Aoun stressed that the oil and gas blocs which were determined, will be managed with full transparency and openness, adding that the production revenue will be referred to a sovereign fund.
Speaking to a delegation from the Press Association, Aoun emphasized the need to hold the parliamentary elections on time and to pass a new electoral law approved by all the Lebanese factions, noting that he personally prefers the proposal based on proportionality, but he prioritizes just and fair representation.
He revealed that 87% of the Lebanese people want to hold the elections with a new law, adding that he cannot ignore these aspirations. the president stated that the administrative decentralization will be referred to the new parliament and a committee will be tasked with the follow-up.