2025 Budget: A Looming Fiscal Crisis

Liliane Mokbel, 15/11 18:30 - Reading : 4 minute(s)

Central Bank of Lebanon Hezbollah International Monetary Fund Israel Budget 2025

With spending on the rise and revenues falling short of expectations, the 2025 budget proposal is now effectively obsolete. The government must act swiftly to withdraw it from Parliament, where it was submitted on time, to prevent a deepening crisis. Why is a crisis inevitable? The current draft budget relies on unrealistic revenue projections, ...