Executive Magazine A legal challenge of the 2018 budget law taken to the Constitutional Council, Lebanon’s highest court, threatened to cancel what was the country’s second state… Read more “Lebanon’s 2018 budget remains despite multiple constitutional violations | Executive Magazine”
Lebanon would need to address structural fiscal problems, or increase revenues to the state treasury.
Ten calendar months of functioning governance were a welcome change after years of policy stagnation, but as 2017 came to a close, Lebanon was once again pushed from outside toward the unknown
In the event of a challenge, the high court’s previous ruling on the tax law could set the stage for a showdown between lawmakers and the judiciary over public finances.
What does it actually take to create and ratify a budget, according to Lebanon’s constitution and the Public Accounting Law?