News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
31
o
Mount Lebanon
33
o
Metn
31
o
Keserwan
31
o
North
31
o
South
31
o
Bekaa
26
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Al Beit El Abyad
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
31
o
Mount Lebanon
33
o
Metn
31
o
Keserwan
31
o
North
31
o
South
31
o
Bekaa
26
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Financing municipal elections in Lebanon: Options, obstacles, and considerations
Lebanon Economy
2023-04-05 | 07:27
High views
Share
Share
2
min
Financing municipal elections in Lebanon: Options, obstacles, and considerations
Lebanon is just one month away from the first stage of the upcoming municipal elections. Still, it is filled with holidays such as Easter and Eid.
Therefore, it is necessary to decide on the financing of the elections quickly.
In this context, sources in the Ministry of Finance stated that Caretaker Minister of Finance Youssef Khalil is studying several options for financing, provided that it does not affect the mandatory reserve.
One of these options may include some donations. Still, the sources refused to impose a deadline on the finance minister to make a decision for fear of political obstacles and difficulties that may arise.
It should be noted that any financing in this context requires the approval of the finance minister and Caretaker Prime Minister Najib Mikati.
According to available information, Caretaker Interior Minister Bassam L-Mawlawi is continuing discussions with the Ministry of Finance and Banque Du Liban on financing the elections.
The BDL offered al-Mawlawi to provide Lebanese pounds in exchange for dollars secured by the central bank through the Sayrafa platform.
However, the interior minister stated that he does not even have enough Lebanese pounds, the budget reserve does not contain any funds, and any treasury advance also requires a law to be passed by the Parliament, which is not convening in legislative sessions as it is considered an electoral body by some parliamentary blocs and members.
Sources in the Presidency of the Council of Ministers said they would definitely take place if the Parliament did not meet and decided to postpone the elections.
The decision regarding the financing will be made during a session of the caretaker government, which will be held soon.
They also mentioned the option of using International Monetary Fund Special Drawing Rights (SDRs) as a last resort. Still, they also talked about donations in this context.
Lebanon News
Lebanon Economy
News Bulletin Reports
Municipalities
Elections
Lebanon
Next
Lebanon's Economy Ministry, WFP sign agreement to enhance price transparency and consumer protection
Recommended For You
d-none hideMe
0
News Bulletin Reports
2024-04-23
US lawsuit raises stakes for Lebanon's financial institutions
News Bulletin Reports
2024-04-23
US lawsuit raises stakes for Lebanon's financial institutions
0
News Bulletin Reports
2024-04-23
E-governance: Lebanon's Economy Ministry launches online services to expedite procedures
News Bulletin Reports
2024-04-23
E-governance: Lebanon's Economy Ministry launches online services to expedite procedures
0
Lebanon Economy
2024-04-23
Fuel prices slightly increase in Lebanon
Lebanon Economy
2024-04-23
Fuel prices slightly increase in Lebanon
0
News Bulletin Reports
2024-04-22
Unprecedented situation: Lebanon moves closer to IMF deal with BDL modernization
News Bulletin Reports
2024-04-22
Unprecedented situation: Lebanon moves closer to IMF deal with BDL modernization
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2024-04-21
Fneish to LBCI: Field situation is completely separate from presidential elections
Lebanon News
2024-04-21
Fneish to LBCI: Field situation is completely separate from presidential elections
0
Middle East News
2024-04-13
Car bomb explodes in Syria's Damascus
Middle East News
2024-04-13
Car bomb explodes in Syria's Damascus
0
Lebanon News
2024-04-03
UNIFIL: Peacekeepers remain active despite escalating tensions in Lebanon
Lebanon News
2024-04-03
UNIFIL: Peacekeepers remain active despite escalating tensions in Lebanon
0
Middle East News
2024-01-21
Hamas publishes a memorandum entitled "Our narrative... Why Operation Al-Aqsa Flood?"
Middle East News
2024-01-21
Hamas publishes a memorandum entitled "Our narrative... Why Operation Al-Aqsa Flood?"
Videos
d-none hideMe
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
02:55
Ethiopian Airlines plane lands in Beirut with 'Tel Aviv' marking: Civil Aviation Directorate
Lebanon News
02:55
Ethiopian Airlines plane lands in Beirut with 'Tel Aviv' marking: Civil Aviation Directorate
2
Lebanon News
05:17
Breaking: Lebanese Parliament approves one-year postponement for municipal and mukhtars elections
Lebanon News
05:17
Breaking: Lebanese Parliament approves one-year postponement for municipal and mukhtars elections
3
Lebanon News
03:12
Israeli drone strikes Douris plain in Baalbek: Driver injured
Lebanon News
03:12
Israeli drone strikes Douris plain in Baalbek: Driver injured
4
Lebanon News
02:34
Israeli strike hits Iaat plain in Baalbek: Thursday update
Lebanon News
02:34
Israeli strike hits Iaat plain in Baalbek: Thursday update
5
Israel-Gaza War Updates
00:30
Israeli army awaits 'green light' from Netanyahu to invade Rafah
Israel-Gaza War Updates
00:30
Israeli army awaits 'green light' from Netanyahu to invade Rafah
6
Lebanon News
07:00
Hezbollah refutes Israel's claim of killing half of its leaders in southern Lebanon
Lebanon News
07:00
Hezbollah refutes Israel's claim of killing half of its leaders in southern Lebanon
7
Middle East News
02:10
Over 430 settlers storm Al-Aqsa Mosque on third day of Passover holiday: Al Jazeera reports
Middle East News
02:10
Over 430 settlers storm Al-Aqsa Mosque on third day of Passover holiday: Al Jazeera reports
8
Lebanon News
11:01
Mikati discusses preparations for French Foreign Minister's visit with Magro, reviews monetary situation with Mansouri
Lebanon News
11:01
Mikati discusses preparations for French Foreign Minister's visit with Magro, reviews monetary situation with Mansouri
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More