4 Days
Source:
نداء الوطن
VAT increases to 12% amid domestic tensions
The article discusses the Lebanese Parliament's decision to approve an additional budget of approximately $630 million to fund salary increases for the public sector and retirees, representing about 10% of the 2026 budget. The increases include six additional pay raises for employees, with an annual cost of around $600 million. The funding is to come from levying taxes on gasoline and increasing the value-added tax (VAT), placing a significant financial burden on citizens. Experts and unions warn that this poorly planned expenditure deepens the fiscal deficit and threatens economic stability. Meanwhile, opponents of the increases emphasize that financing them at the expense of citizens' pockets constitutes an unjustified financial burden, without addressing the fundamental solutions needed for sustainable public finances.
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