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FinancialNews


  • 28-01-20

    Lebanon: 2020 state budget estimates revenues at USD8.8 billion

    (MENAFN) According to Al-Jadeed local TV channel, on Monday, the 2020 state budget was authorized by Lebanon's Parliament.


    Head of the finance and budget committee Ibrahim Kanaan said that, the 2020 state budget predicts income to reach USD8.8 billion which doesn't pay the public sector salaries, social aids and debt servicing.


    The recently selected government will adopt the draft budget set by the cabinet of Former Prime Minister Saad Hariri while introducing some modifications to it in order to gain time in executing urgent improvements amid a deteriorating economic situation.

    MENAFN2801202000450000ID1099612812

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