While it is still too early to assess the wider repercussions of the government- mandated wage increase this year, it is already irking Lebanese banks, coming at a time when …
Tag:
Minimum Wage
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The government’s endorsement of a plan to increase the minimum wage from LL500,000 ($333) to LL700,000 ($467), accompanied by salary hikes for those earning up to LL1.8 million ($1200), gave …
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Few would disagree that the minimum wage in Lebanon needs to increase to help the poorest socio-economic segment of the population better meet the rising cost of living. And while …
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The current Lebanese government is, in economic terms, as dangerous as a blind man with a loaded gun and an itchy trigger finger. To date, it has shown little to …