budget

Budgets of Five Ministries Discussed in Committees

The parliamentary Finance and Budget Committee, led by MP Ibrahim Kanaan, kicked off the year by holding two meetings on Tuesday. The committee reviewed and approved the budgets of the Ministries of Health, Labor, Tourism, Economy and Foreign Affairs as part of the assessment of the budget proposal for the year 2024. This proposal was endorsed by ...

Kanaan: The Budget Was Nothing More Than Tax Collection

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 ...

Hamieh: A Budget of 60$ Million Is Not Enough for Road Maintenance

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 ...

Economic Organizations Call on MPs to Vote for the Budget With Amendments

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 ...

Renewal Bloc: We Will Participate in the Parliamentary Budget Session

The Renewal Bloc stated on Monday that it will participate in the parliamentary session to discuss the 2024 budget, “despite its principled and constitutional stance against legislating in the absence of a president and amid the obstruction of the presidential election.” This decision aims to ensure the quorum for the session, “protecting ...

CGTL Calls for Vote on Budget Amendments

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 ...

Budget: Stormy Opening of Parliamentary Session

In a stormy atmosphere, MPs began examining, on Wednesday morning, the draft 2024 budget, transmitted to the Chamber by the government. At the start of the session, MP for Beirut II Melhem Khalaf objected this legislative session held in the absence of a President of the Republic, leading to heated exchanges, notably with Speaker of the House ...

2024 Budget: Unending Criticism

At the parliamentary podium, one intervention followed the other on the second day of the budget debate. Around 40 MPs are expected to speak about the 2024 budget bill before the text is examined and voted on, presumably on Thursday evening. On Thursday morning, 15 parliamentarians took the floor. With the exception of Alain Aoun, a Free ...

Budget Debate: Controversial Draft Law to Be Voted on Friday

Parliament is due to start examining the draft budget for 2024 at 3 PM on Friday. Before that, caretaker Prime Minister Najib Mikati will respond to MPs' comments and criticisms of a text that "lacks transparency and economic vision" and is characterized by numerous taxes.  Forty-one MPs took the floor during the two days and four sessions ...

Hasbani to TIB: The Budget Is Not Ideal

Lebanese Forces MP Ghassan Hasbani said on Friday that even if the budget in its current state is nowhere close to being perfect, some points are still being discussed within Parliament before proceeding with the vote. “We are halfway through the discussions, and the vote might happen later tonight or might require another half a day," he added.

Sadek to TIB: The Initial Budget Was Disastrous

Opposition MP Waddak Sadek affirmed that the initial budget was disastrous and that Parliament needed to make amendments, otherwise it would have led the country to bankruptcy.

A Budget Tainted With Condescension!

The average Lebanese citizen used to earn a modest salary. For the sake of this story, let's assume that this income was a hundred Lebanese pounds. However, it’s important to clarify that here, the pound is a mere fictional currency, as in reality, a hundred lebanese pounds is not a typical salary in a country like Lebanon, where the pound ...