For the second consecutive time, the joint parliamentary committees postponed consideration of the Sovereign Fund bill to its next session, as it failed to approve any of the nine projects on the agenda of the meeting on Thursday, 2 August 2018. On the sidelines, there is a debate that reflects the magnitude of the disregard that the state has been using with the Sovereign fund file for eight years.
The executive director of the Lebanese Oil and Gas initiative Diana kaissy, speaking to "almodon", refers to the importance of the adoption of the law, but at the same time refers to the need to formulate the law after a comprehensive and clear strategy for the sector, reflecting an integrated view of how it is managed and the protection of its proceeds. As measured, the expected outcome will need between 7 and 10 years
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