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FINANCIAL NEWS
Lebanon adds USD800m to its budget
19 Jun 2014
(MENAFN) Lebanon has allocated another USD800 million for the current year”s budget as the government has already spent most of the funds, according to Arabian Business.
The Syrian war has significantly affected Lebanon”s economy receiving a huge number of refugees, prompting the central bank to introduce a USD1.4 billion.
Central bank governor Riad Salameh said: “The funds (for 2014) have been almost used completely, that is why we are looking at increasing that package.”
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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