President Michel Aoun addresses a large delegation of Lebanese expatriates at the presidential palace in Baabda, Monday, August 7, 2017. (The Daily Star/Dalati Nohra HO)
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President Michel Aoun has not yet taken a final stance on the public sector's salary scale and tax hike bills, pending the outcome of an expert report on the drawbacks of the two laws on the country's ailing economy, official sources said Monday. However, Economy Minister Raed Khoury said he expected Aoun to announce his position on the salary scale bill this week. Baabda Palace sources denied media reports that Aoun would this week sign the salary scale and tax hike bills, which Parliament endorsed last month.Khoury, the economy minister, said Aoun has been studying the economic situation for months, prompting him to distribute a report to ministers during last week's Cabinet session that warned of alarming figures in the budget deficit and the balance of trade deficit."A lot of achievements were made following the presidential election, the Cabinet formation and the drafting of a new electoral law that consecrates justice and equality in a better way". He reassured the Lebanese diaspora that the situation in Lebanon is heading for the better.
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