الشرق اللبنانية
Source: الشرق اللبنانية
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Finance Minister Yassine Jaber said the 2027 budget bill, expected to total around $7 billion, aims to safeguard financial and monetary stability and ensure the provision of services and social protection. Around 57% of spending will be allocated to social affairs, and six additional salaries will be granted to the public sector in two installments. He said electricity reform and addressing the banking sector crisis are prerequisites for recovery, stressing depositors’ right to know what has happened to their funds and how they will be recovered, under a clear timetable. He also pointed to an understanding with the International Monetary Fund on the medium-term fiscal framework, adding that passage of the financial gap law is the main remaining step toward completing the agreement process.
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