Lebanon's Cabinet approves 2025 budget draft

Lebanon Economy
2024-09-23 | 08:54
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Lebanon's Cabinet approves 2025 budget draft
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
Lebanon's Cabinet approves 2025 budget draft

Caretaker Minister of Information Ziad Makary announced Monday that the Lebanese Cabinet approved the 2025 budget draft after considering some ministers' remarks.

He said the Cabinet also approved a draft decree to provide temporary compensation and financial assistance to all public sector employees and retirees receiving pensions, as follows:

First: Starting Oct. 1, 2024, all active and retired employees, military personnel in service, and contractors will receive temporary monthly compensation equivalent to double their basic salary, compensation, monthly wage, or pension.

Second: Starting Nov. 1, 2024, an additional salary will be added to the two existing salaries.

Third: Starting Dec. 1, 2024, an additional salary will be added to the three existing salaries.

Fourth: All employees will be granted a lump sum of 10 million Lebanese lira for September and an additional 10 million Lebanese lira for December.

Regarding the draft law, he clarified that if it is not approved by the end of 2024, the government will gradually implement the grants and reforms outlined, starting in 2025.

Makary added that the prime minister has called for an emergency Cabinet session at 11 a.m. Tuesday to discuss recent developments. He urged all boycotting ministers to participate and take responsibility for their national duties.

He continued, saying the prime minister participated in the National Emergency Committee meeting, attended by representatives from ministries and humanitarian organizations, to discuss ways to respond to the increasing number of displaced people from southern towns affected by Israeli attacks.
 

Lebanon News

Lebanon Economy

Lebanon

Ziad Makary

Cabinet

Budget

LBCI Next
Fuel prices slightly decrease across Lebanon
Fuel prices drop in Lebanon
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More