Where are Salaries and Wages in Lebanon Heading? A New Episode of “Louen Rayhin” Sheds Light

Lebanon Today

The purchasing power of the Lebanese citizen has witnessed an unprecedented decline, and salaries are no longer able to cover the basic needs necessary for a decent life.

The public sector faces the risk of paralysis as a result of the difficult living conditions, while workers in the private sector endure the burden of rising prices on a daily basis. Amidst this suffering, the state strives to find solutions that take into account the limited possibilities and achieve justice.

But the question that arises is: Does the government have the actual ability to adjust wages in light of this suffocating financial crisis?

And is raising salaries a real reform step, or will it lead to a new inflationary wave?

In an in-depth dialogue, we discuss a number of important issues with MP “Farid Boustani,” head of the Finance and Budget Committee:

* The reality of wages and the cost of living after 2019.

* The demands of public sector employees and military personnel to correct their salaries.

* The absence of a periodic mechanism to correct wages according to inflation.

* The relationship between raising wages and economic inflation.

* The role of the state in implementing laws and protecting workers.