According to economic expert Ghazi Wazni, 86% of the national budget is formed of fixed expenses, to which no reduction can be applied. These expenses are divided as follows:
38% in salaries and wages
33% in debt service
11% in electricity
4% in investment expenses
The remaining margin for the Finance Ministry is 14% to reduce around LBP 3500 billion.
For more details, watch the full report in the video above