This Is Beirut 2024-01-23 18:58 - Reading : less than a minute
The Association of Banks in Lebanon (ABL) is working to guarantee depositors' rights in the short term while awaiting definitive solutions, it said in a statement issued on Tuesday, following a meeting between its board of directors and Banque du Liban's Interim Governor Wassim Mansouri and deputy governors. They discussed the best possible ...
This Is Beirut 2024-01-23 17:47 - Reading : less than a minute
The Association of Automobile Importers in Lebanon (AAI) has joined economic organizations in calling on MPs from all blocs to assume their national responsibilities and vote for the amended budget. In a press release, the AAI warned that failure to vote on the budget with the amendments made by the parliamentary Finance and Budget Committee in ...
This Is Beirut 2024-01-23 13:58 - Reading : less than a minute
The General Confederation of Lebanese Workers (CGTL) called on MPs on Tuesday to approve the draft budget for fiscal year 2024 with the improvements made by the Budget and Finance Committee. In a statement, the CGTL said that it had examined the draft budget formula for fiscal 2024, amended by the parliamentary Finance and Budget Committee led by ...
Maurice Matta 2024-01-23 12:44 - Reading : 3 minute(s)
Following the adoption of fourteen laws during the Parliament sessions on December 14 and 15 and the decision of the Council of Ministers, during its session on December 19, to issue these laws in the name of the President of the Republic, caretaker Prime Minister Najib Mikati signed only eleven laws, deciding not to publish three others, ...
This Is Beirut 2024-01-22 18:23 - Reading : 1 minute(s)
Economic organizations called on MPs on Monday to vote for the budget with its amendments to avoid having it be promulgated by decree. On the eve of Parliament's general sessions scheduled for Wednesday and Thursday to examine the draft budget for fiscal year 2024, the economic organizations issued a statement in which they called on MPs and ...
This Is Beirut 2024-01-22 16:25 - Reading : less than a minute
The Central Administration of Statistics (ACS) reported on Monday that the consumer price index in Lebanon for December 2023 recorded an increase of 0.02% compared to November 2023. This increase remains very moderate compared to the rebounds recorded in other months of the year (33.27% in March and 5.35% in May). On the other hand, the index ...
Liliane Mokbel 2024-01-22 07:30 - Reading : 3 minute(s)
The statements of Caretaker Prime Minister Najib Mikati, made on the sidelines of the Davos forum, about the impeding recovery of bank deposits have keyed up the online community, triggered various interpretations, and stirred up confusion among the public. Caretaker PM Najib Mikati announced from Davos that "a clear program detailing how ...
This Is Beirut 2024-01-19 21:43 - Reading : less than a minute
The press office of the Ministry of Finance announced on Friday that the cadastral and land administration offices will reopen their doors on Monday, as per the request of the Caretaker Minister of Finance, Youssef el-Khalil. Initially, they will process the accumulated requests and transactions from the past months. Once this work is completed, ...
This Is Beirut 2024-01-19 21:40 - Reading : 1 minute(s)
Caretaker Minister of Public Works and Transport, Ali Hamieh, stated on Friday that the allocated amount for road maintenance in the budget for the year 2024 is equivalent to 20% of the minimum amount required to ensure public and road safety. Hamieh called on the MPs to examine the financial aspect of road maintenance during the budget ...
This Is Beirut 2024-01-19 21:34 - Reading : less than a minute
The Caretaker Minister of Finance, Youssef El-Khalil, issued a decision on Friday extending the deadline for the payment of the value-added tax (VAT). This extension aims to provide taxpayers with more time to settle this tax and, consequently, avoid late fines. Accordingly, the deadline for submitting the periodic declaration and payment of VAT ...
This Is Beirut 2024-01-19 18:34 - Reading : 2 minute(s)
The President of the Finance and Budget Committee, MP Ibrahim Kanaan, stated in an interview broadcasted on 'MTV' that the budget submitted to Parliament lacks an economic and social vision. He remarked, "It was nothing more than a tax collection process." Kanaan asserted, "In the audit we conducted, it was evident that the government's revenue ...
This Is Beirut 2024-01-19 13:04 - Reading : less than a minute
The Speaker of Parliament, Nabih Berri, summoned MPs on Friday to sessions on Wednesday, January 24 and Thursday, January 25 at 11 AM to study and approve the 2024 budget. He also specified that dedicated sessions would be held in the evening of these two days. The draft State budget, having been finalized on Monday by the parliamentary Finance ...