Jaber cuts input costs to boost Lebanon industry
Finance Minister Yasin Jaber has signed a draft decree to eliminate the increased fees on imports covered by codes (322) and (522) of Decree No. 3754, restoring them to the rates specified in the customs tariff outlined in Law No. 38. This measure benefits importers who can prove their industrial status, with the aim of supporting national industries and reducing production costs to enhance their competitiveness. The goal is to reflect this in lower prices for consumers and to strengthen the international competitiveness of Lebanese industries. This initiative is part of the government's policy to encourage the industrial sector, balance revenues with support for productive sectors, achieve economic recovery, and create job opportunities.
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