This is Beirut, 14/03 08:30 - Reading : 4 minute(s)
Demands for accountability from Kulluna Irada have intensified over its actions in recent years, particularly since the 2019 financial crisis. This includes the decision by former Prime Minister Hassane Diab's government to declare Lebanon bankrupt, its failure to repay debts, and its role in destabilizing the country's monetary and financial ...
This is Beirut, 13/03 09:25 - Reading : 3 minute(s)
Kulluna Irada is an organization that claims to uphold the law, pursue corrupt individuals, and fight corruption in the name of good governance and reform. However, in practice, the activities of Kulluna Irada violate both the law and the objectives for which the organization was granted official recognition by the Ministry of Interior and ...
This is Beirut, 12/03 20:30 - Reading : 5 minute(s)
Lebanese authorities announced the resumption of negotiations with the International Monetary Fund (IMF) to reach a final agreement that would grant the country loans while advancing its reform agenda. Talks between the Lebanese government and the IMF began on Wednesday, aiming for a staff-level agreement as a step toward broader negotiations to ...
This is Beirut, 12/03 05:40 - Reading : 3 minute(s)
United States Canada Donald Trump Economy Diplomacy
The United States and Canada traded angry tariff warnings Tuesday, as trade tensions soared and President Donald Trump doubled down on provocative plans to annex his country's northern neighbor. Despite a compromise arising after a day of threats and counter-threats, Canada and other US trading partners will still be hit at midnight by a ...
This is Beirut, 07/03 19:00 - Reading : 1 minute(s)
economy trade digital transformation Lebanon
The Minister of Economy and Trade, Amer Bsat, announced in a statement the launch of a new electronic service that allows market and exhibition organizers in Lebanon to submit their license applications online. This initiative is part of the ministry's digital transformation project, aimed at simplifying procedures and enhancing ...
This is Beirut, 07/03 18:45 - Reading : 1 minute(s)
Yassine Jaber Economy Budget 2025 finance eurobonds european union sandra de waele
Finance Minister Yassine Jaber affirmed on Friday that the 2026 budget plan would include measures aimed at ensuring financial regularity while paving the way for increased spending in social sectors. He emphasized that this budget would highlight the government’s development strategies and priority reform objectives. Among the measures planned ...
This is Beirut, 06/03 16:45 - Reading : 2 minute(s)
economy Yassin Jaber finance Taxes revenues
Yassine Jaber, the Minister of Finance, reiterated that “the ministry is resolutely pursuing the necessary and fundamental reforms to improve the country's financial and customs systems.” He emphasized that “the government remains fully committed to advancing reforms aimed at enhancing financial transparency, improving the business ...
Christiane Tager, 05/03 12:00 - Reading : 2 minute(s)
Shortly after assuming office, US President Donald Trump announced in February the imposition of a 25% tariff on imports from Mexico and Canada, along with an additional 10% tariff on Chinese goods, bringing the total to 20%. He criticized Beijing, Ottawa and Mexico for not doing enough to “combat the flow of fentanyl (a potent opioid) into the ...
Bassam Abou Zeid, 05/03 11:25 - Reading : 2 minute(s)
Lebanon Central Bank Economy Hezbollah
Lebanon's inclusion on the Financial Action Task Force (FATF) gray list can largely be attributed to the lack of cooperation from Lebanese authorities in combating the financing of paramilitary groups, particularly Hezbollah, as well as other organizations like Hamas and the Islamic Jihad Movement. The failure to address this issue was largely ...
Christiane Tager, 04/03 10:30 - Reading : 4 minute(s)
Trade relations between Lebanon and Saudi Arabia have long been prosperous, with Lebanese exports reaching over $800 million per year and Saudi imports totaling $1.3 billion. However, political tensions have severely affected these exchanges, reducing their volume by more than half and causing a considerable loss of revenue for Lebanon. Could the ...
This is Beirut, 21/02 15:25 - Reading : less than a minute
The Central Administration of Statistics (CAS) reported on Friday that Lebanon’s Consumer Price Index for January 2025 recorded a 1.1% increase, following a 0.18% decline in September 2024 compared to August 2024. This was the first increase in over a year, after record surges in 2023 (33.27% in March and 5.35% in May). However, the index saw a ...
This is Beirut, 21/02 12:25 - Reading : 2 minute(s)
Syria would need more than 50 years to get back to its economic level before its devastating civil war at current growth rates, the United Nations said Thursday. "Fourteen years of conflict in Syria have undone nearly four decades of economic, social, and human capital progress," the UN Development Programme (UNDP) said. "At current growth ...