Head of the Kataeb's Social and Economic Council Jean Tawile lashed out at the reasons given by the economy minister to justify the potential imposition of new taxes in order to cover the hike in expenses in the 2018 state budget, warning that the public debt may exceed $87 billion.
Former Minister Alain Hakim on Thursday cast doubt over the government's extra-budgetary spending, accusing it of increasing Lebanon's deficit by making it incur further debts.
For 12 years, Lebanon did not ratify a state budget, and politicians have never offered an adequate reason to explain why. To understand what went wrong, we need to understand the process. Who should be doing what, and when should they be doing it? What does it actually take to create and ratify a budget, according to Lebanon’s constitution and the Public Accounting Law?