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الشرق اللبنانية
Council of Ministers Approves Budget and Investment
The Lebanese Cabinet approved a project to invest in the Northern Free Economic Zone, where the investor bears the costs for a period ranging from 25 to 30 years without placing any financial burden on the state, and will receive a share of the profits. Additionally, Nasseb Nasr was appointed as Chairman of the Lebanese Electricity Corporation's Board of Directors, while Kamal Hayek remains General Manager. Josseline Jbour was appointed Secretary-General of the Higher Privatization and Partnership Council, and Haya Ishaq was named head of the Educational Research and Development Center. The council also approved financial increases for public sector employees, including six months' worth of salaries, to be paid in phases in 2027, with the necessary allocations secured in the upcoming budget.
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