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Will Lebanon finally pass a budget after more than a decade?

Although Lebanon’s Cabinet approved a proposed 2017 state budget, the legislation still has to overcome several obstacles in parliament.
Lebanon's President Michel Aoun attends the 28th Ordinary Summit of the Arab League at the Dead Sea, Jordan March 29, 2017. REUTERS/Mohammad Hamed - RTX336G0
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Draft legislation that could become Lebanon's official budget is on its way to parliament. Although such news isn't considered unusual in other countries, it is extraordinary in Lebanon, as the last time the country's lawmakers approved a draft budget was in 2005. Successive governments' attempts to pass budgets have been stymied by differences between two political parties, the March 8 and March 14 coalitions.

President Michel Aoun on April 12 inked a decree submitting the 2017 draft budget, which the Cabinet had approved March 27.

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