Public Actions

Lebanese Parliament approves state budget

Date: 
Friday, July 19, 2019

Lebanon’s parliament passed the 2019 state budget on Friday, Prime Minister Saad al-Hariri said in a live broadcast as his coalition government seeks to bring the public debt under control.

The budget is seen as a critical test of Lebanon's ability to address years of economic mismanagement and corruption that have led it to build up one of the world’s heaviest public debt burdens, equivalent to about 150% of GDP.

“It is an achievement we have managed today,” Hariri said after three days of parliamentary debate on the budget.

However, details of the final budget, including the deficit target, were not released.

Acting Bodies: 
Lebanese Parliament
Type: 
Resolutions
Categories: 
Economic measures (State budget, rent law, wages...)
Impact: 
National
Status: 
Approved/ Ratified
Civil Society Response: 
Not applicable