Author Archives: Jeremy Arbid

Better to have than to have not

Better to have than to have not

A legal challenge of the 2018 budget law taken to the Constitutional Council, Lebanon’s highest court, threatened to cancel what was the country’s second state budget passed in the last six months, on the back of no budget at all for almost 12 years. Parliament ratified the 2018 budget without approving an audit of public

The noose around Lebanon

Over 300 days have passed since Saad Hariri, Lebanon’s prime minister, stood on the White House lawn next to Donald Trump as the US President promised an answer to the “menace” of Hezbollah within 24 hours. That answer did not materialize in the form of a comprehensive foreign policy or as diplomatic niceties, at least

Mapping the money

At the end of March, Lebanon passed the 2018 state budget, the second budget passed in a six-month period after almost 12 years wihout any budget at all. The 2018 state budget features a 0.06 percent decrease in total spending compared against the 2017 state budget, with current expenditures declining 4 percent and capital expenditures

Budgeting for the future

Lebanon passed its second state budget in less than six months at the end of March, after being without one for almost 12 years. The 2018 state budget was hastily pushed through cabinet and Parliament ahead of early April’s CEDRE infrastructure investment conference in Paris, and it mandated spending cuts meant to please international donors.

Signed in pencil

Officials went to Paris in early April to pitch an infrastructure investment plan for Lebanon to the international community at the CEDRE conference. The pitch was generally well received by donor countries and multilateral institutions, who pledged $11.3 billion in low-interest loans for infrastructure projects on the condition that Lebanon check reform boxes on the

Valued opinions

After over a decade of dormancy, Lebanon’s Economic and Social Council (ESC) was reactivated last November. The ESC is an advisory body to the government, and its opinons are non-binding. Executive met with the economist Mazen Soueid, one of 71 individuals named to serve on committees of the ESC, to understand how the institution can

A window of opportunity

Executive met with Christina Lassen, head of the Delegation of the European Union to Lebanon, to discuss the challenges Lebanon is facing, what to expect from the upcoming CEDRE investment conference and Brussels II refugee aid conference, and the outcomes of last month’s Rome security conference. E   It is an interesting time for Lebanon,

What’s in the Capital Investment Plan?

Judging a book by its cover may no longer be common lingo in the digital age, but it seems to be exactly what Lebanon is hoping people will do ahead of the CEDRE investment conference scheduled for early April in Paris: Never mind the details; be impressed by the dazzling overall figures and exciting projects.

A litmus test in Paris

April 6 could be a very good Friday for Lebanon. Not only does it unofficially usher in the fruit season, a symbol of renewal and rebirth, but it is also the day that state officials will pitch a set of large-scale infrastructure projects to the international community and investors at the CEDRE conference in Paris.

A community effort

Executive sat down with the country’s first-ever minister of state for women’s affairs, Jean Oghassabian. The ministry was launched one year ago with a mandate to empower and protect women and promote and develop gender equality in Lebanon. E   This is the first term for you as minister of women’s affairs and, in fact,

Top