Jumblat urges power plant, asks if legalizing capital control is 'allowed'

Progressive Socialist Party leader Walid Jumblat suggested Thursday that “the Egyptian gas and the Jordanian electricity will not come in these circumstances.”

“Away from the fantasies of top advisors and the mysterious promises of some major embassies, can the energy portfolio be given to a guaranteed side and a single (power) plant be built, instead of burning the (central bank’s) reserves and eventually running out of them and plunging into the unknown?” Jumblat tweeted.

“Away from defiance and heated rhetoric and in line with political pragmatism, is it allowed to legalize capital control and what is the stance of Hezbollah and its allies on this issue?” the PSP leader said in another tweet.

“Accordingly, is it allowed to deal with the International Monetary Fund and establish the sovereign fund that is being rejected by the circles of the premiership and its top advisers?” Jumblat added.