{"id":260365,"date":"2019-10-21T19:29:26","date_gmt":"2019-10-21T22:29:26","guid":{"rendered":"https:\/\/anba.com.br\/?p=260365"},"modified":"2019-10-21T19:49:22","modified_gmt":"2019-10-21T22:49:22","slug":"in-wake-of-protests-lebanon-passes-reforms-and-2020-budget","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/in-wake-of-protests-lebanon-passes-reforms-and-2020-budget\/","title":{"rendered":"In wake of protests, Lebanon passes reforms and 2020 budget"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Lebanon\u2019s administration passed this Monday (21) an unprecedented set of economic reforms, as well as its 2020 budget, <a href=\"https:\/\/www.dailystar.com.lb\/News\/Lebanon-News\/2019\/Oct-22\/494035-under-popular-pressure-cabinet-approves-unprecedented-reforms-draft-budget.ashx\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Daily Star<\/em><\/a> reported. reported. The budget provides for a deficit of 0.6% of Gross Domestic Product (GDP). The announcement came after five days of demonstrations across the country (<em>pictured<\/em>) prompted by a deteriorating economy. The International Monetary Fund (IMF), however, expects Lebanon to see a fiscal deficit of\u00a0<a href=\"https:\/\/anba.com.br\/en\/imf-lebanons-economy-shows-unique-resilience\/\" target=\"_blank\" rel=\"noopener noreferrer\">9.8% of GDP this year and 11.5% in the next<\/a>.<\/p>\n<p>As for reforms, Saudi Arabia\u2019s <em><a href=\"https:\/\/www.arabnews.com\/node\/1572071\/middle-east\" target=\"_blank\" rel=\"noopener noreferrer\">Arab News<\/a><\/em> reports that prime minister Saad Hariri mentioned a 50% salary cut for former and current ministers and deputies, plus a 70% cut in the Council for Development and Reconstruction\u2019s budget.<\/p>\n<p>Dubai\u2019s <a href=\"https:\/\/www.arabianbusiness.com\/politics-economics\/431138-lebanon-cabinet-approves-reforms-2020-budget-says-pm\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Arabian Business<\/em><\/a>\u00a0quoted Saad Hariri as saying after a cabinet meeting that the measures aren\u2019t just an attempt to curb the demonstrations. \u201cThese decisions are not designed as a trade-off. They are not to ask you to stop expressing your anger. That is your decision to make,\u201d he said.<\/p>\n<p>The protests, which were initially about a tax hike, have evolved into calls for the ousting of Lebanon\u2019s entire political leadership. Hariri was also quoted by <em>Arabian Business<\/em> as saying he also supported the demonstrators\u2019 call for early elections.<\/p>\n<p><strong>Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-260351\">Mahmut Geldi\/Anadolu Agency\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There are provisions for major spending cuts and a fiscal deficit of just 0.6% of GDP. The country is shaken by mass protests prompted by deteriorating economic conditions.<\/p>\n","protected":false},"author":1466,"featured_media":260351,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[9586,10818,1996,8447,12135,12133,12134],"class_list":{"0":"post-260365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-lebanon-en","9":"tag-10818","10":"tag-beirut","11":"tag-budget","12":"tag-demonstrations","13":"tag-primeiro-ministro","14":"tag-protests"},"wps_subtitle":"There are provisions for major spending cuts and a fiscal deficit of just 0.6% of GDP. The country is shaken by mass protests prompted by deteriorating economic conditions.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/260365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1466"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=260365"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/260365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/260351"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=260365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=260365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=260365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}