Middle East Economic Survey

VOL. XLIX

No 6

6-February-2006

LEBANON

Lebanese Parliament Approves Delayed 2005 Budget

The Lebanese Parliament on 30 January approved the much delayed 2005 budget which was held up by the political turmoil which followed the assassination of former Lebanese prime minister Rafiq al-Hariri in February 2005 (MEES, 21 February 2005). According to budget figures issued by the Lebanese Ministry of Finance, projected revenue in 2005 was to fall by 8.1% to LL6,917bn ($4.59bn),...