9 Hrs
Source:
MTV Lebanon
Higher pay, higher taxes for citizens
The article discusses the economic and financial situation in Lebanon, where the government continues to seek increased revenues through the imposition of new taxes and fees, such as a 1% increase in the value-added tax and an additional charge on fuel. These measures aim to fund expected increases in public sector and retirees' salaries. Despite reform laws, the government's plan suffers from an inability to comprehensively rehabilitate the public sector, relying primarily on tax hikes while neglecting essential structural reforms. More than half of the public expenditure is allocated to salaries and social benefits, amid expectations of rising wage costs. At the same time, the budget maintains a significant deficit and depends on uncertain growth and revenue projections, which could deepen the financial crisis unless radical measures are taken.
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