Suleiman Tasks Committee to Study Impact of Endorsed Laws on Economy
President Michel Suleiman assigned a number of financial and economic experts with studying the negative repercussions of the laws endorsed recently by the parliament, al-Joumhouria newspaper reported on Saturday.
According to the daily, the experts will brief Suleiman on the impact of the laws on the Lebanese economy before he takes a decision of signing them as they stipulate further spending of public money without assigning new funding resources.
The laws include the new renting fees, full-time employment of Civil Defense volunteers and Electricite du Liban contract workers and the new wage scale.
A dispute had recently emerged between building owners and inhabitants over a controversial law endorsed by the parliament.
The law, which is opposed by renters, stipulates an increase in rents over a six-year period until they reach 5% of their current value.
The inhabitants argue that many won't be able to afford it, prompting them to leave their homes.
The old rent law pertains rent contracts carried out before 1993.
The parliament also approved a series of laws including the full-time employment of Civil Defense volunteers and EDL contract workers, who will have to undergo a state exam.
Also on Friday the joint parliamentary committees referred to the general assembly a controversial draft-law regarding the new wage scale, which is opposed by the Economic Committees, which argue that the state's treasury will not be able to afford the suggested taxes that are set to cover the expenses.
-H.K.
-D.A.
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