Economics The Lebanese Public Sector Employees Association has confirmed it will participate in a strike and demonstrations scheduled for Wednesday. “The Cabinet should drop its policy of procrastination and forward the [bolstered public sector] salary scale [draft law] to Parliament immediately,” it said in a statement. It added that the draft law represents a compromise “that we accepted despite flaws and injustices.” The statement reiterated that the new salary scale was vital to reform Lebanon’s ailing public sector and raise its productivity. More from The Daily Star The World Bank's financial arm International Finance Corp (IFC) plans to increase its investments in Yemen, Iraq and North Africa next year to help support development and job creation, a senior IFC executive said. "MENA needs to create 50-70 million jobs in the next decade. Recent events in the MENA region have created the urgency to address the fundamental conditions required to
