23 Hrs
Source:
الشرق اللبنانية
Salih criticizes 2027 budget projections
A report on Lebanon's 2027 Budget Project indicates that it reflects unrealistic figures and lacks sound calculations, with an apparent balance in numbers between revenues and expenditures amounting to 614.95 trillion Lebanese pounds. Experts believe that the economic situation will worsen, with projections of Lebanon's economy shrinking by between 6% and 9% in 2026, along with inflation rising to 19.5% and a shortage of necessary investment funding to improve essential services such as electricity. The report also highlights the persistence of unsustainable conditions, including increased taxes and reduced investment in social protection, which deepen the economic crisis and keep Lebanon in a state of collapse.
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