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Economy

Budget plan reformed
New approach to 2012 budget draft sets a ceiling for deficit
EconomyArchive

Weak perception of country's brand
189th place globally, 13th place in MENA on Nation Brand Perception Index 2011
EconomyArchive

Banks-employees talk wages
Ministry of Labor arbitrates to resolve row between ABL and bank employees
EconomyArchive

EU aids infrastructure planning
$11.8 million earmarked for developing government strategies on water, energy, and roads
EconomyArchive

“A lost year”
2011 growth below two percent, a four-year spell of strong economic performance has come to an end: IMF
EconomyArchive

Watchdog for organic farming
Ministry of Agriculture assigns national committee for organic production
EconomyArchive

New NSSF subscriptions
Social Security sets procedure to calculate fees based on new minimum wage
EconomyArchive

More water coming up
$200 million loan from the World Bank to finance Beirut water supply project
EconomyArchive

$2 billion shortfall rings alarm
Balance of payments goes into deficit
EconomyArchive

EU finances quality of public service
$11.8 million-project to benefit four ministries
EconomyArchive

Safer factories
New conditions to obtain a license to build and operate industries
EconomyArchive

High drop in tourist flow
Lebanon posts sixth highest drop in tourist arrivals worldwide in 2011
EconomyArchive

Tripoli harbor improved
Tender for a BOT management contract for Tripoli Port to be launched soon
EconomyArchive

Municipal fund disbursed
Ministry of Interior sets out provisions of $320 million- municipal fund for 2010
EconomyArchive

Labor protocol to protect Filipino workers
Philippines ready to lift its six-year ban on the deployment of domestic workers to Lebanon after signing labor cooperation agreement
EconomyArchive

Hotels trail downhill trend
Occupancy rates at Beirut hotels dip to 57 percent throughout 2011
EconomyArchive

Trade deficit widens
Exports were almost unchanged, while imports grew by 12 percent y-o-y
EconomyArchive

Customs receipts down
Total customs collections contract for the first time in five years
EconomyArchive

Upgrading housing policies
Draft law proposes exemptions to allure investments into the construction of housing units under lease-to-own act
EconomyArchive

Cabinet raises salaries
Fourth draft decree raises minimum wage to $450 starting February
EconomyArchive
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