Author Archives: Executive Editors

Return to sanity now

Return to sanity now

After years without a state budget, Parliament met in October and voted the 2017 budget into law. What Parliament should have done is pass the 2018 budget, because the current fiscal year is almost over. There are also allegations that Parliament broke the law and violated the constitution: To pass a budget an audit must

Stalled progress

Public workers were protesting at the end of September out of fear the government might not honor legislation ordering an increase to their salaries and benefits. The protesters feared that the government might suspend the salary increase because the revenue it expected to cover the new spending was struck down by a court ruling. The

May 2017

EDITORIAL The donkey strategy LEADERS Don’t sweat the details Things are moving, but too often behind closed doors COVER STORY Self absorbed Time to get back on a horse SPECIAL REPORT OIL & GAS Into the blue Lebanon’s oil & gas sector nearly open for business Troubled waters Lebanon seeks to join its neighbors in

Program for a nation or national myth?

The egg as symbol of rebirth is powerful. It can inspire. In the case of Lebanon, the egg is more than a representation of fertility because it plays into the enduring myth that the constituents of this nation will rise from the ashes of their destruction. This myth also conceals a warning and question, however:

It’s about our purses

As Lebanon celebrates its recent military victory over Islamic State fighters on this side of the Lebanese-Syrian border and mourns over the recovered bodies of nine army soldiers, local politicians are again embroiled in another battle of sorts: one over taxation. After many months vacillating over whether or not to issue new taxes, lawmakers agreed

A cautious revival

For the first time since the onset of the war in Syria, there is finally positive news coming from Lebanon’s hospitality sector. The election of a president and the formation of a government in late 2016, and the lack of major security incidents in Greater Beirut since the second half of 2015, have given Lebanon

A law is born

Since appointing the National Commission on Parliamentary Electoral Law (the Fouad Boutros Commission) in 2005, Lebanese politicians have been “working” on an electoral law that employs proportional representation (PR), a system that allocates seats in Parliament based on the percentage of votes a candidate list receives. PR is more representative than a majoritarian or first-past-the-post

Endless

Executive confesses to nonsense fatigue. Our editors are tired of platitudes about the banking sector. If we hear one more locution implying that the Lebanese economy’s doom is inevitable, or another hackneyed phrase about a banking sector that is trying to resist bad economic tides to the best of its ability while continuing to develop

April 2017

EDITORIAL  The devils must go LEADERS Stonewalled A mixed response: making use of the new law An industry-wide upgrade Overhaul in governance and legislation is required Taxation without representation Budgetary process must be transparent  COVER STORY Tax squeeze Online threats continue to proliferate  Taxing tax reforms Fresh thinking needed to secure the banking system Interview

March 2017

EDITORIAL Recourse to reform After a four-year Parliament extension, we demand elections in 2017 LEADERS Dashing our hopes for reform It’s time to break the silence on the CMA Protect us from the modern plague Lebanon remains overwhelmingly vulnerable to cyberwarfare Rare opportunity People now have the right to request information from government entities COVER STORY The

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