Leaders articles

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

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

Don’t sweat the details

After a rocky start that saw a several-year delay of the sector’s development as a result of political squabbling, in late April the Lebanese Ministry of Energy and Water (MoEW) announced the oil and gas companies that will be eligible to bid for offshore exploration licenses in late. Executive lauds this milestone and hopes the

Self absorbed

Donkeys deserve more respect than they get. For some 5,000 years, humans have been using them as strong, reliable beasts of burden. We’ve made progress on the backs of these noble creatures, yet denounce them for a strength of will we praise in ourselves. Intransigence is in the eye of the taskmaster, it seems. Donkeys

Taxation without representation

For 12 years running, Lebanon has been without a budget. This does not mean the state hasn’t been collecting revenue and spending it. Rather, it means there have been no clear-cut priorities, nor a strategic vision guiding how the government manages taxing and spending. During the past five years, the problem of finding revenue to

Stonewalled

Executive didn’t get past security at the Grand Serail. It was March 3. The access to information law was just over a month old, and we were barking excitedly, unsure if whether we were even in front of the right tree. In hand were requests for minutes of cabinet meetings. We were hoping to reach

An industry-wide upgrade

Times of change and upgrades of operating systems are confusing events, or, in today’s economic lingo, disruptive. Few things can be more disruptive than the abrupt upgrade of a whole industry to a higher level, forcing it into new ways of doing business and, inevitably, altering its whole identity in the process. That’s what’s currently

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