by Youssef Diab | Oct 10, 2017 | Middle East
Beirut – The Lebanese parliament approved on Monday a series of new taxes to fund the recently announced hike in salaries of public employees. The majority of the taxes are the same ones included in a previous tax law that was rejected by the Constitutional Council....
by Nazeer Rida | Jun 12, 2017 | Middle East
Beirut – A meeting between Lebanese President Michel Aoun and Prime Minister Saad Hariri on Sunday helped overcome some of the remaining obstacles that are hindering the approval of a new parliamentary electoral law. The meeting at the presidential palace in Baabda...
by Asharq Al-Awsat | Mar 31, 2017 | Business
Beirut – Finance Minister Ali Hassan Khalil said on Thursday that the government aims to curb the 2017 budget deficit from 9.3 percent in 2016 down to 8.7 percent of gross domestic product (GDP). Khalil projected government expenditures at LL23.67 trillion...
by Caroline Akoum | May 14, 2016 | Middle East
Beirut- The Lebanese government is facing two choices, either to commit to the U.S. sanctions against the so-called Hezbollah or expose the country to full-scale sanctions that might threaten its banking system. The cabinet tried to cause the least damage possible...
by Asharq Al-Awsat | Mar 23, 2016 | Latest News, Middle East
Beirut- Lebanese Interior Minister Nouhad Machnouk said that security gaps in Beirut’s Rafik Hariri International Airport are dangerous and grave and may be, according to Western reports, similar to those that were in the Sharm el-Sheikh Airport and led to the...
