For 12 years, Lebanon did not ratify a state budget, and politicians have never offered an adequate reason to explain why. To understand what went wrong, we need to understand …
Cover story
-
-
On paper, the Lebanese state should function. The constitution—frequently ignored as it may be—envisions a rational budgetary process that allows for planning, checks and balances among different branches of government, …
-
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 …
-
There are two arguments being made today. Both agree the state should maximize its share of benefit, though they do not agree on what is the maximum benefit achievable. Some …
-
It came at the last minute. For two years, the Ministry of Finance and the Lebanese Petroleum Administration (LPA) have been drafting a tax law focused specifically on the oil …
-
Some view it as a race against Israel Our neighbor—which is definitively not stealing Lebanon’s gas—closes its first offshore licensing round on November 15. Israel had previously awarded exploration licenses …
-
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 …
-
As a nation, Lebanon was doomed from the start. This is the unifying theme of the mainstream anti-establishment message. The country’s sectarian power-sharing arrangement spawned a cancer that prevented the …
-
Alain Bifani, director general of Lebanon’s finance ministry, tells Executive that newly enacted taxation will shore up revenue in the public coffer. During an interview at the end of August …
-
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 …
