2024 Budget

2024 Budget and MPs' Participation

The adoption of the budget by Parliament may seem like a routine procedure. However, if approved before the end of January, it would mark the first instance of a budget being adopted within the legally prescribed timeframe in nearly two decades. Members of Parliament are scheduled to convene on January 24 and 25 to discuss and vote on the 2024 ...

2024 Budget: Further Disagreements Within the FPM

Heated debate within the Free Patriotic Movement. Members of former President Michel Aoun's party have fallen prey to political dissent, increasingly so since Aoun’s son-in-law, Gebran Bassil, took control of the group in 2015. The last conflict to date was about the need for boycotting, or not, Wednesday’s parliamentary session aimed at ...

Mikati to MPs: Elect a President and Let's Get It Over With!

Caretaker Prime Minister Najib Mikati insisted on Friday that his government had inherited the problems and crises of previous cabinets, attempting to absolve himself of the failings and incompetence of most of his ministers. "For two days, I listened to the MPs' statements and their opinions, most of which were constructive and pointed out the ...

Parliament Approves the 2024 Budget

Parliament approved the draft budget for fiscal year 2024 after examining it article by article. More than half the articles were amended. It was adopted within the time limit set by the Constitution, a first in almost 20 years. Parliament approved the draft budget for fiscal year 2024 on Friday after studying it article by article. The draft ...

Who Exploited the Dollars Allocated for Subsidized Products?

The destiny of the Finance Law remains uncertain. Every budgetary article voted by Parliament is subject to invalidation appeal before the Constitutional Council once the text is promulgated and published in the Official Gazette. Before the final version of the 2024 budget was released, an outcry erupted over an article that was introduced during ...

Cabinet Appoints Army Chief of Staff, Approves 2024 Budget

The Council of Ministers appointed a new Army chief of staff and approved the 2024 budget on Thursday in a session that was delayed for three hours due to protests by retired military personnel attempting to block the entrances to the Grand Serail. The Cabinet appointed General Hassan Audi as Chief of Staff of the Army after he was promoted to ...

Constitutional Council Suspends 9 Articles of 2024 Budget

On Monday, the Constitutional Council (CC) suspended the application of nine articles (10, 39, 40, 56, 69, 83, 86, 87, 91) of the budget law for fiscal year 2024, following an appeal for invalidation—which was accepted—submitted a week earlier by 10 MPs from the Kataeb (Samy Gemayel, Nadim Gemayel, Salim el-Sayegh, Elias Hankach), Renewal ...

Recipe for a Prosperous State

  For the 2024 budget, as with any controversy over public finances, one notices that the debate is limited to more or less taxes to reward more or less civil servants: the active, the inactive, the moderate present, the absent, the invisible, the non-existent, without distinction. No idea about other possible revenues or less wasteful ...