Private sector

Without a Salary Adjustment, Civil Servants Face an Uncertain Future

Liliane Mokbel, 06/03 19:39 - Reading : 2 minute(s)

Salary civil servants Minimum salary public sector private sector

The issue of raising the minimum wage is back on the table, highlighting a stark wage gap between the private and public sectors. Despite a 95% devaluation of the Lebanese pound since October 2019, the minimum wage in the public sector remains set at 6,750,000 pounds, while it has reached 18,000,000 pounds in the private sector. This disparity ...

Fouad Zmokhol: SMEs Cannot Survive More Than a Few Months

This is Beirut, 2024-11-04 19:25 - Reading : 2 minute(s)

Economy Lebanon SME's Private sector

The board of directors of the International Movement of Lebanese Business Leaders (Midel), chaired by Fouad Zmokhol, held an extraordinary meeting on Monday to discuss the survival of private-sector businesses during the ongoing war. Participants noted that “the majority of productive sectors have lost all resilience,” stressing that “the ...

In Numbers: The Endangered Sectors

Christiane Tager, 2024-10-25 09:35 - Reading : 3 minute(s)

United Nations war infrastructure private sector

Lebanon, already grappling with severe economic and political crises, is now facing the devastating impact of the ongoing military conflict between Hezbollah and Israel. This war has plunged nearly every sector of the country into a critical state, from infrastructures, the private sector, and agriculture to energy, water, and trade. The ...

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