The Parliament met in a plenary session on June 30. (Credit: Hassan Ibrahim/Flickr account of the Lebanese Parliament)
During an extraordinary session on Monday, Lebanon’s Parliament passed several laws, including one granting tax and fee exemptions for residents and businesses affected by the war between Hezbollah and Israel, which span from Oct. 8, 2023, till Nov. 27, 2024.The law was submitted by the Cabinet on March 6 and later amended by the Finance and Budget Committee before its final approval in the plenary session.The government cited the “massive destruction” of buildings and businesses, “a high number of martyrs,” and Lebanon’s deepening economic crisis, worsened by the conflict, as reasons for the measure.According to a World Bank report on the damage and losses caused by Israeli bombardments, Lebanon suffered $6.8 billion in physical damages and $7.2 billion in economic losses. Catch up on yesterday's Parliamentary session Walk-out in...
During an extraordinary session on Monday, Lebanon’s Parliament passed several laws, including one granting tax and fee exemptions for residents and businesses affected by the war between Hezbollah and Israel, which span from Oct. 8, 2023, till Nov. 27, 2024.The law was submitted by the Cabinet on March 6 and later amended by the Finance and Budget Committee before its final approval in the plenary session.The government cited the “massive destruction” of buildings and businesses, “a high number of martyrs,” and Lebanon’s deepening economic crisis, worsened by the conflict, as reasons for the measure.According to a World Bank report on the damage and losses caused by Israeli bombardments, Lebanon suffered $6.8 billion in physical damages and $7.2 billion in economic losses. Catch up on yesterday's Parliamentary session...
