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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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Lebanon's Walid Jumblatt's with Saudi friend King Abdullah
July 27th, 2012 - 01:17 GMT

Jumblatt has friends in high places: Walid and the King

The Lebanese Ministry of Energy and Water has wronged four million Lebanese people for tens of years, as power rationing has sucked millions of dollars from their pockets for no reason
May 30th, 2012 - 12:44 GMT

Power to the Lebanese people: Strikers test the water

The spending problem has paralyzed the work of the Cabinet and [state] institutions
May 14th, 2012 - 02:45 GMT

Mikati this week finds way to cure Lebanon's spending sickness

The issues at the heart of the problem are now the stuff of general knowledge, and it has become very difficult to convince anyone of excuses anymore
January 26th, 2012 - 04:03 GMT

Power problems in Lebanon

Economists told The Daily Star that all employers who gave a raise to some of their employees two years ago must prove that this increase was for the high cost of living
January 4th, 2012 - 05:50 GMT

Employers and General Labor Confederation wage plan back on in Lebanon

In July, Israel’s Cabinet approved a map of its proposed maritime borders, a move which Lebanon described as an “aggression” against its natural gas and oil rights
September 20th, 2011 - 09:01 GMT

Cabinet agrees on the Lebanese economic zone demarcation line

The plan was part of a long-term project to provide Lebanon with electricity 24 hours a day, and future governments would need to continue the project, which is expected to cost $5 billion
September 8th, 2011 - 06:46 GMT

Power deal recharges the Lebanese cabinet

 Members of the March 14 opposition have criticized the plan, saying it would allow Bassil access to $1.2 billion without supervision or accountability
September 5th, 2011 - 07:12 GMT

Lebanese cabinet to discuss electricity proposal further

The plan has thrown the government into paralysis, threatening Cabinet solidarity among ministers who supposedly belong to the new Parliament majority which ousted Hariri from the premiership in January
September 4th, 2011 - 02:55 GMT

The Lebanese electricity plan.. will it be put into action?

Saad Hariri
November 4th, 2010 - 03:19 GMT

Hizbullah boycotts national talks

Lebanon national dialogue session
August 19th, 2010 - 02:03 GMT

Lebanon national dialogue session focuses on need to equip army

Nasrallah supporters
August 8th, 2010 - 01:38 GMT

Israeli spy met Nasrallh in his bunker

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