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Union of Lebanese Chambers

Union of Lebanese Chambers latest

Lebanon's economy would suffer dramatically, should a pubic sector pay rise happen, the country's Economic Committee warned
January 6th, 2013 - 06:53 GMT

Lebanon: Public sector pay rises could lead to economic collapse, Economic Committee warn

Public sector wages will account for more than half of Lebanese government expenditures and 15 percent of GDP if a government-proposed salary hike is enacted, the country's Economic Committees said Friday.
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