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Aoun will have to help the country reclaim its sovereignty on the security and financial level, the secretary general of Lebanon’s political party The National Bloc Michel Helou says.

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00:00There's one very important ally that isn't a country and that is, of course, the IMF.
00:04And they're going to be expecting big things from Lebanon in terms of reforms.
00:09And that'll all, you know, whether or not those reforms are implemented,
00:13will determine whether or not Lebanon gets the money it needs.
00:16Is Joseph Aoun going to be able to ensure that those reforms are carried out?
00:22Not alone. Not alone. And this is where we will need a solid government.
00:27IMF is an absolute priority for Lebanon.
00:31So if you want to sum up in the end the two main large pillars that he will have to achieve,
00:39let's say, or build in his presidency, one of them is that the state reclaims its sovereignty
00:45from a military defense diplomacy and security perspective.
00:50That is absolutely crucial. It is the first one.
00:53Implementing the ceasefire and enforcing the monopoly of violence and of weapons
00:59in the arms of the state.
01:00And the second one will be the economic and financial sovereignty through reform.
01:06IMF reforms that will have to go through a proper Banking Resolution Act
01:12and distribution of losses.
01:13This is a difficult decision to be made.
01:15Currency reform and restructuring of public debt,
01:19because the country and the state are bankrupt today.
01:24And the third one will be the economic and financial sovereignty
01:27through reform and distribution of public debt.
01:29This is a difficult decision to be made.
01:31And the fourth one will be the economic and financial sovereignty
01:33through reform and distribution of public debt.
01:35This is a difficult decision to be made.
01:37And the fifth one will be the economic and financial sovereignty
01:39through reform and distribution of public debt.
01:41This is a difficult decision to be made.
01:43And the sixth one will be the economic and financial sovereignty
01:45through reform and distribution of public debt.
01:47This is a difficult decision to be made.
01:49And the seventh one will be the economic and financial sovereignty
01:51through reform and distribution of public debt.

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