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Jumblat Says Khalil's Austerity Measures 'Better than Suicide'

Progressive Socialist Party leader ex-MP Walid Jumblat noted Monday that the austerity measures proposed by Finance Minister Ali Hassan Khalil remain "better than suicide."

"The PSP reminds of its historic stance that calls for a progressive tax system after approving a unified wage system, in addition to fining seaside property violators, reevaluating Measure No. 3, approving a unified wage scale and resolving the electricity disaster," Jumblat tweeted.

"It is better to approve these measures today to avoid the unknown," he warned.

The PSP leader added: "Since the 1990s, the PSP has had numerous stances calling for a reevaluation of priorities, but they fell on deaf ears."

"And unfortunately the demand of reform and fighting corruption came late by some parties due to narrow political calculations. That's why I see that implementing the austerity policy proposed by Minister Khalil, no matter how severe, remains better than suicide," Jumblat went on to say.

Source: Naharnet


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