Nicolas Nahhas: No economic crisis

Economy Minister Nicolas Nahhas stressed that Lebanon is not facing an economic crisis. "We are working to keep growth going on", the minister stressed on Wednesday to "Voice of Lebanon"-Freedom and Dignity radio. Nahhas stressed the importance of submitting the budget to the cabinet, pointing out that "the budget, and for the first time, includes articles related to the exceptional spending which improves the economic conditions". Nahhas announced that the cabinet has appointed advisors to lay the formula for the power -generating ships contract, revealing that a final formula has been achieved and that this issue has reached a positive result. He concluded, "Ships will arrive within few months".