Lebanese Terms on Economic Stability

Prime Minister Nohad Machnouk focused on the rise in generator subscription bills and their impact on citizens, emphasizing that no one should be allowed to manipulate the situation—whether owners of generators or traders—through unjustified increases or additional fees. He called for intensified monitoring, the organization of violation reports, and referring offenders to the judiciary. Machnouk also reviewed Lebanon's economic growth, noting that it reached 4.2% last year before stalling due to the war. He pointed out that a significant part of the 2027 budget is allocated to adjusting public sector and military salaries, which have lost their value since 2019, at a cost exceeding $1.5 billion. He stressed an increase in healthcare allocations by 16% and the expansion of the "Amān" program to include 150,000 families. Additionally, he announced a $20 million fund to support economic empowerment and professional training, with a commitment not to spend non-state funds in order to maintain monetary stability and citizens’ purchasing power.

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