lebanon passes first budget since 2005
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Lebanon passes first budget since 2005

Arab Today, arab today

Arab Today, arab today Lebanon passes first budget since 2005

Lebanon's parliament
Beirut - Arab Today

Lebanon's parliament on Thursday approved a government budget for the first time since 2005, the country's ANI news agency reported.

For 12 years, political crises and wars have forced Lebanon's state institutions to operate without a budget, an economic aberration that has angered many Lebanese.

But after three days of debate, lawmakers on Thursday passed the budget -- for the current financial year, not for 2018.

Prime Minister Saad Hariri, who called the vote "historic", said the 2018 budget could be discussed as early as next week.

ANI did not provide total figures for income or expenditure.

Some lawmakers criticised the approval of amounts already spent, describing the debate prior to the vote as a "masquerade" and an attempt to hide financial wrongdoing in a country where corruption is commonplace.

The 2005 assassination of former premier Rafik Hariri, widely blamed on the Syrian regime, plunged Lebanon into turmoil, dividing the country between supporters and enemies of Damascus.

Repeated crises, notably a 2006 war between Israel and Shiite militant movement Hezbollah, followed by the 2011 outbreak of civil war in neighbouring Syria, further deepened divides and paralysed the government.

Civil society groups have described Lebanon's parliament itself as illegitimate, as it has extended its own mandate twice since the last legislative elections held in 2009.

Since its devastating 1975-1990 civil war, Lebanon has been weighed down with endemic corruption and a national debt estimated at 140 percent of GDP.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lebanon passes first budget since 2005 lebanon passes first budget since 2005

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lebanon passes first budget since 2005 lebanon passes first budget since 2005

 



GMT 16:47 2017 Wednesday ,29 March

Asala feels more nostalgic for Syria

GMT 05:26 2017 Sunday ,08 January

China’s economic growth to slow to 6.5%

GMT 03:23 2017 Sunday ,10 December

Putin announces the defeat of Daesh

GMT 16:33 2011 Tuesday ,06 September

Ronaldo may return to ManU

GMT 06:35 2016 Tuesday ,06 December

Yemeni President visits Wahat Al Karama memorial

GMT 13:26 2017 Saturday ,30 September

VW's dieselgate bill jumps on 'complex' US recalls

GMT 09:15 2016 Thursday ,29 September

Israel begins paying last respects to Peres

GMT 06:16 2017 Sunday ,19 November

Mohamed bin Zayed receives President of Belarus

GMT 21:07 2017 Saturday ,02 December

Kelly, Hayworth and other American women

GMT 21:01 2015 Saturday ,26 September

Kuwaiti PM Sheikh Jaber al-Sabah leaves for New York

GMT 15:56 2017 Friday ,07 April

Chechen President visits Bait Al-Quran
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday