403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Lebanon's budget approval to clear way for electoral law
(MENAFN) The Cabinet will approve this year state budget and sent it to Parliament for a final ratification, while the move would clear the way for rivals to gear efforts for agreeing a new vote law.
Accordingly, a huge breakthrough has been made in the Cabinet talks on the draft budget, whereas the public sector's salary hike bill will be involved in the budget.
In addition, the cost of financing the salary scale bill will reach USD800mn, while the taxes proposed in the budget would not affect the low- and middle- income people.
Moreover, the minister offered a number of taxes in the budget, which involve raising the value added tax from 10 to 11 percent and increasing taxes on the interest of bank deposits from 5 to 7pct.
Accordingly, a huge breakthrough has been made in the Cabinet talks on the draft budget, whereas the public sector's salary hike bill will be involved in the budget.
In addition, the cost of financing the salary scale bill will reach USD800mn, while the taxes proposed in the budget would not affect the low- and middle- income people.
Moreover, the minister offered a number of taxes in the budget, which involve raising the value added tax from 10 to 11 percent and increasing taxes on the interest of bank deposits from 5 to 7pct.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment