parliament

BDL Issues Statement on Legal Measures and Financial Transparency

This Is Beirut, 22/05 15:20 - Reading : 2 minute(s)

Banks Banque du Liban Central Bank of Lebanon Finances Parliament Lebanon

Lebanon’s Central Bank (BDL) announced in an official statement that it remains committed to transparency and integrity within the financial sector. It is actively pursuing legal procedures in collaboration with specialized law firms across several European countries and other international jurisdictions. This effort aims to initiate judicial ...

Bou Saab: Parliamentary Session to Be Scheduled Soon, Municipal Elections to Proceed on Time

This is Beirut, 08/05 17:15 - Reading : 2 minute(s)

Nabih Berry Elias Bou Saab Parliament Beirut Municipal Elections

Ahead of an upcoming parliamentary session, set to be scheduled soon, Speaker Nabih Berri chaired a meeting of Parliament’s Bureau on Thursday to review an agenda packed with long-delayed expedited law proposals. Deputy Speaker Elias Bou Saab announced that Berri intends to call for a legislative session once lawmakers have had around five ...

Karim Souhaid: The Banking Reform Law Undermines the Independence of the Central Bank

This is Beirut, 07/05 21:45 - Reading : 4 minute(s)

BDL Banque du Liban Lebanon Economy Parliament

Presenting a 33-page document containing substantial remarks on the banking reform bill submitted by the government, the Governor of the Central Bank of Lebanon, Karim Souhaid, attended a session of the Parliamentary Finance and Budget Committee held mid-week. The session was chaired by MP Ibrahim Kanaan and attended by 40 parliamentarians, along ...

Parliament Begins Review of the Banking Sector Bill

This is Beirut, 30/04 18:55 - Reading : 2 minute(s)

Lebanon Parliament Banking sector Bill

The Parliamentary Finance and Budget Committee, chaired by MP Ibrahim Kanaan, held a session on Wednesday to begin reviewing the draft law on the reform of the banking sector, recently approved by the government. The meeting was attended by nearly 50 lawmakers, Minister of Finance Yassine Jaber and representatives from the banking ...

Lebanon’s Banking Secrecy Reform: A Threat to Privacy, Legal Security, and Economic Trust

This is Beirut, 22/04 12:50 - Reading : 4 minute(s)

Economy Lebanon Banks Parliament

As Lebanon grapples with a deep financial crisis and seeks to overhaul its banking system, a proposed amendment to the country’s banking secrecy law has sparked major controversy. Though introduced under the banner of transparency and reform, the changes raise serious concerns about individual privacy, data protection, investor confidence, and ...

Electoral Law Tinkering

Johnny Kortbawi, 21/03 09:00 - Reading : 3 minute(s)

Lebanon Parliament Elections

Lebanon has never held parliamentary elections without first revisiting its electoral law. The country stands out for its persistent search for voting systems that cater to the shifting political landscape and the interests of dominant parliamentary parties. While the Taif Agreement established governorates as electoral districts, the 1992 ...

PM Nawaf Salam's Government Gains Parliament's Confidence with 95 Votes

This is Beirut, 26/02 20:40 - Reading : 2 minute(s)

Nawaf Salam government parliament vote of confidence

Prime Minister Nawaf Salam’s government gained the confidence of 95 MPs of the 128-strong parliament on Wednesday at the end of the two-day debate of its policy statement. At the end of the deliberations, and ahead of the voting, Salam made the following remarks in response to the MPs who took the floor representing the various parliamentary ...

The Government's Challenge in Gaining a Vote of Confidence

Natasha Metni Torbey, 24/02 16:35 - Reading : 4 minute(s)

Government Nawaf Salam parliament Vote of Confidence policy statement

To establish its legitimacy, Nawaf Salam’s new government must overcome one final hurdle before effectively taking power. After its formation on February 8, 2025, and the drafting of its ministerial statement last Monday, the cabinet will face its ultimate challenge: gaining the confidence of Parliament.  Thus, during a plenary session ...

Invalid 2025 Draft Budget to Be Returned to Cabinet Urgently

Maurice Matta, 22/01 12:55 - Reading : 4 minute(s)

Central Bank of Lebanon 2025 Budget parliament Draft Budget

On October 4, 2024, Caretaker Prime Minister Najib Mikati's government issued Decree No. 14076, submitting the 2025 draft budget to Parliament. Signed by Mikati and Finance Minister Youssef Khalil, it has since been left untouched, pending review by key committees, notably the Finance and Budget Committee and the Administration and Justice ...

'We Are Committed to the Reconstruction of Southern Lebanon'

Marc Saikali, 16/01 08:30 - Reading : 3 minute(s)

Lebanon Parliament Nawaf Salam Joseph Aoun Hezbollah

The brief statement by the new Prime Minister on the day of his appointment raises questions. While it is unthinkable for the South to remain neglected, using the “we” pronoun may prompt further scrutiny. Who exactly does “we” refer to? The utterly bankrupt state? Surely not—it doesn’t have the means. The savings of depositors? ...

Stormy Start to the 13th Session to Elect a President

This is Beirut, 09/01 11:15 - Reading : 2 minute(s)

Saudi Arabia USA parliament presidential electio Joseph Aoun

The thirteenth session for the election of a President of the Republic opened with a dispute between those who contest the election of the Commander-in-Chief of the Army, General Joseph Aoun, who enjoys a large parliamentary majority, and those who want Lebanon to finally have a President. MP Melhem Khalaf, an ally of the Speaker of the House, ...

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