Khalil: Budget Process on Front Burner Without New Taxes

W460

Minister of Finance Ali Hassan Khalil affirmed on Tuesday that he will make intensive contacts with Lebanon’s political forces to finalize the budget process which does not include any new taxes or fees, al-Joumhouria daily reported on Tuesday.

Khalil said the budget process has been put on the “front burner” and that “it is supposed to be addressed by the government in successive sessions. It will be referred to the Parliament within a period not exceeding the second half of next month.”

The “budget figures will be studied well. Certainly there will be no additional taxes or fees that burden the citizen. The main objective we envisage is to reduce the deficit and move the country to the stage of growth,” said Khalil.

“The basic requirement is the implementation of what was emphasized in the speeches of lawmakers for serious fight against corruption,” Khalil concluded.

SourceNaharnet
Comments 1
Thumb whyaskwhy 19 February 2019, 18:04

They know that they would have a revolt on their hands if taxes are actually taken seriously. You have 1at least 500k Lebanese working in one capacity or another not to mention the thousand of migrant workers performing work in various sectors that the government will have issues with this