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Lebanon: 7 Percent Deficit of GDP Projected in 2020 Budget
January 26th, 2020 - 07:23 GMT

Lebanon: 7 Percent Deficit of GDP Projected in 2020 Budget

Parliament is set to vote next week on a 2020 budget that projects a deficit of seven percent of gross domestic product (GDP), the head of parliament’s finance and budget commission said on Friday — far larger than the 0.6 percent originally planned, as multiple crises batter the country’s finances. Lebanon is suffering from a long-brewing economic crisis, which erupted last year in protests against the ruling elite. A hard-currency ...
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With Saad Hariri's endorsement of Michel Aoun for President, Lebanon's parliament will have a large enough quorum to hold a vote. (AFP/File)
October 28th, 2016 - 05:00 GMT

Lebanon: Quorum ‘guaranteed’ for presidency vote on Oct. 31

Walid Joumblatt heads the primarily Druze Progressive Socialist Party in Lebanon (AFP/Joseph Eid)
September 18th, 2016 - 01:28 GMT

Joumblatt prefers suicide to Assad and other controversial statements

A meeting of the Lebanese Parliament. (AFP/File)
September 7th, 2016 - 06:00 GMT

Lebanon’s national dialogue fails, tensions escalate in parliament

Syrian refugee children prepare to board a school bus at an unofficial refugee camp in Lebanon's town of Bar Elias in the Bekaa Valley on May 13, 2016. (AFP/Joseph Eid)
August 30th, 2016 - 12:30 GMT

Lebanon’s naturalization debate: FM Bassil targeted over ‘racist’ remarks

Lebanon has been without a president for over a year. (Shutterstock)
August 4th, 2016 - 09:11 GMT

Why is Lebanon’s presidency still up in the air?

More than six years have passed since the ratification of the Offshore Petroleum Resources Law. (Shutterstock)
July 19th, 2016 - 05:00 GMT

Back to spats over Lebanon's oil and gas exploration

One of the thorny issues Lebanon may need to solve before embarking on gas exploration is the 870 square kilometer disputed zone near the southern territorial waters. (Shutterstock)
July 3rd, 2016 - 09:00 GMT

Lebanon moves closer to removing hurdles to offshore gas exploration

Lebanese members of parliament count the votes after casting their ballots to elect the new Lebanese president in the parliament building in downtown Beirut on April 23, 2014. (AFP/Joseph Eid)
June 28th, 2016 - 07:30 GMT

Hezbollah: Riyadh is blocking Lebanese presidential election

Lebanon has been without a president for more than 18 months amid political deadlock. (AFP/File)
June 27th, 2016 - 08:00 GMT

Lebanese presidential vacuum prolonged after Brexit instability and Hezbollah preoccupation with Syria

The hugely popular Rifi has unquestionably emerged as the new leader of Sunnis in Lebanon. (AFP/File)
May 30th, 2016 - 12:19 GMT

Lebanese municipal elections: Rifi elected as Sunni leader

People walk past posters of Lebanese candidates running in the country's municipal election. (AFP/File)
May 30th, 2016 - 05:00 GMT

Final stages of municipal elections kick off in northern Lebanon

Lebanese guards watch over the line for a polling station on May 8, 2016. (AFP/File)
May 29th, 2016 - 06:50 GMT

Lebanon kicks off final round of municipal elections in Tripoli

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