NO. 42


Financial and Banking News

Public Finance

Lebanese Labor Unions Challenge Government On New Taxes

The General Labor Confederation in Lebanon has called for a general strikeand demonstrations on 19 July in protest against measures taken by the LebaneseGovernment on 6 July to raise gasoline prices by some 38% and levy higher importduties on a number of imported goods. The government, facing a severe budgetdeficit, said that it had to resort to these revenue-generating...