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Lebanon retirees scuffle with police; 2022 budget approved

Hours after the recent protest, Parliament passed the 2022 budget, a key demand by the International Monetary Fund, with 63 legislators voting in favor, 37 voting against and six abstaining. The new budget will calculate customs tax revenue at 15,000 Lebanese pounds to the dollar at a time when the black market rate is more than double that at about 37,000 pounds to the dollar. Since the meltdown began three years ago, the customs tax revenue was calculated at the official rate of 1,500 pounds t...
Bilal Hussein Moussa Agassi Sali Hafez Fadi Al Osta International Monetary Fund Association Of Banks

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