Hajj Hassan: Oil, gas sectors key solution to economic crisis

NNA – Minister of Industry, Hussein Hajj Hassan considered that the key solution for the current economic crisis is to invest in oil and gas sectors, adding that the U.S. pressures in this context for Israel’s sake and contributes in delaying this matter.

Hussein Hajj Hassan’s words came during graduation ceremony for CNAM students in Baalbek.

The main problem that Lebanon’s economy is facing is the absence of a clear economy policy set by the government while spending is based on debt a fact that represents the government’s failure, Hajj Hassan added.

Hajj Hassan concluded by saying that the Trade deficit amounts to 30% of the total Lebanese gross domestic production, accusing the government of being careless in dealing with this matter.