Head of Loyalty to the Resistance parliamentary bloc MP Mohammed Raad on Friday said the government “must not take from the poor and state employees in its quest to implement reforms and slash the budget deficit,” the National News Agency reported.Full Story
The Ambassador of Lebanon in Rome, Mira Daher, held a series of meetings to promote tourism in Lebanon, the National News Agency reported on Friday.Full Story
As Lebanon mulls austerity measures to slash its ballooning budget deficit, President Michel Aoun insists the 2019 state budget draft gets discussed in Cabinet during its upcoming meeting next week on Thursday, said al-Joumhouria daily on Friday.Full Story
Finance Minister Ali Hassan Khalil revealed shocking figures related to salaries of some state employees, a needed revelation after a public outcry provoked by government plans to cut pays as part of strict austerity measures to counter an economic collapse.Full Story
MP Ibrahim Kanaan on Thursday said the state budget draft “must be discussed in Cabinet,” stressing that discussions must be conducted within the constitutional institutions.Full Story
In the midst of street protests rejecting the possibility of salary cuts of state employees as part of austerity measures to reduce a ballooning budget deficit, economic experts say the measure would reduce the deficit but could also trigger an economic recession, al-Joumhouria daily reported on Thursday.
Public sector employees fear that the reduction of the budget deficit will come at their expense by deducting a percentage of their wages which increased after the government approved a long awaited wage scale.Full Story
President Michel Aoun on Thursday met with British Chief of Staff, General Sir Nick Carter at the Presidential Palace in Baabda, the Presidency media office said on Twitter.Full Story
Telecommunications Minister Mohammed Shuqeir warned of the consequences should Lebanon’s officials fail to take “the right decision to save the country,” al-Joumhouria daily reported on Thursday.Full Story
France has renewed calls on Lebanon through the French Ambassador to Lebanon Bruno Fouche to implement strict austerity measures to reduce a ballooning budget deficit and massive national debt, al-Joumhouria daily reported on Thursday.Full Story
The Parliament passed on Wednesday amendments necessary to implement an ambitious plan to restructure the country's crumbling electricity sector.
Restructuring the power sector, dysfunctional since Lebanon's 1975-90 civil war, has been among key demands for reforms by the World Bank and international donors.Full Story