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List of Finance ministers. Minister Term of office Riad El Solh: 25 Sep 1943 03 Jul 1944 Hamid Franjieh: 03 Jul 1944 09 Jan 1945 Abdul Hamid Karami:
The Lebanese Government faces major challenges in order to meet the requirements of a fiscal adjustment program focusing on tax reforms and modernization, expenditure rationalization, privatization, and improved debt management. Faraya in Mount Lebanon Governorate. The Lebanese economy depends on its tourism sector throughout all seasons of the ...
Lebanese Customs (Arabic: الجمارك اللبنانية Al-Jamarek Al-Lubnaniyah) (French: Douanes Libanaises) is the government authority in Lebanon responsible for collecting customs duties and controlling the flow of goods in and out of the country.
Tax revenue is the income that is collected by governments through taxation. Taxation is the primary source of government revenue. Revenue may be extracted from sources such as individuals, public enterprises, trade, royalties on natural resources and/or foreign aid. An inefficient collection of taxes is greater in countries characterized by ...
Azour's career at the Lebanon Ministry of Finance, began as a project director on a 1999 United Nations Development Programme (UNDP) Project. Between 2000 and 2004, he was senior advisor to the Minister of Finance with Georges Corm and then Fouad Siniora. [2] [4] It was during this time that the Value Added Tax was introduced. [5]
Relatedly, the social MCF is the basis for the conditions of an optimal tax system and optimal spending on public services. Thus, the outcome of a tax reform can be calculated using pre- and post-reform MCFs as well as price indices. Practically, MCFs can be calculated based on the tax rate and the elasticities of demand and supply.