The government has increased taxes, but better collection is what’s needed. As the government struggles to find new sources of income, many have called on the government for serious action. …
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It was one more of those grand schemes of Rafik Hariri’s era, designed to resurrect Lebanon’s glory days. Like Solidere and the construction of an Arab highway to Damascus, a …
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Even in the occupied zone, people still needed banks. Withits two branches, in Marjayoun and Bint Jbeil, Fransabankenjoyed a monopoly among 100,000 people. With theIsraelis gone, the bank is in …
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While some point the finger at the Canadian-run consortium,which took charge in October 1998, Fakhoury, likemost, does not. The contract stipulates that all MPTemployees should be able to join LibanPost, …
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The opening of Ericsson’s regional office in Beirut is a rare andwelcome development, since pessimism clouds Lebanon’s outlook.Nael Salah, vice president and general manager ofEricsson Middle East, talks to EXECUTIVE …
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The participation of the private sector in decision making isan essential prerequisite for sound policies. This is becauseit leads to policies that are compatible to the private sectorneeds, reduces uncertainty …
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Remember all the glowing clichés you’ve heard aboutLebanon? A bastion of capitalism within a sea of controlledeconomies, a regional hub, the Switzerland of the MiddleEast. With relatively low tax rates …
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The first few days of February are probably nota time finance minister George Corm would liketo relive. Before his 2000 budget could bepassed through an unruly parliament, Cormwas the target …
