The proposed salary scale introduces an increase in spending of roughly $1.4 billion in public sector salaries. These funds will come from various taxation schemes, one of the most controversial…
-
-
Official figures put the average real growth rate of Lebanon’s economy at about 8.8 percent during the years 2008 to 2010, constituting one the highest average growth rates in…
-
The banking sector remained the backbone of the Lebanese economy in 2009. Bank assets are equivalent to 334 percent of gross domestic product and deposits are equivalent to 274 percent…
