From left, Ministers Ali Hasan Khalil, Arthur Nazarian and Akram Chehayeb attend a Cabinet session in Baabda, Friday, May 9, 2014. (The Daily Star/Mohammad Azakir)
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Lebanon's public finances dominated Thursday's Cabinet session, with Finance Minister Ali Hasan Khalil addressing outstanding issues, including a draft law to issue eurobonds as well as the controversial salary scale issue.Ministers arrived around 9:30 p.m. to the Grand Serail, where Prime Minister Tammam Salam chaired an extraordinary session designed to discuss the "financial situation in the country," a ministerial source said.According to Information Minister Ramzi Joreige, who spoke to reporters after the end of the 90-minute session, Salam said Thursday's Cabinet session would address security developments.Along with the draft law to issue eurobonds at low interest rates to finance the public debt and cover state expenditures, Khalil requested a bill to allow extra-budgetary spending.Khalil is seeking to legalize his ministry's extra-budgetary spending via a Cabinet draft law that would be later approved by Parliament. But the March 14 coalition is demanding that the government retroactively approve $11 billion of extra-budgetary expenditures by the government of Fouad Siniora between 2006 and 2009 .
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