Budget, the Economy and Social Welfare under PMA and the Government

Is Lebanon better economically under PMA with these actions

  • Yes because of Oil

    Votes: 2 18.2%
  • Yes because of Budget passed

    Votes: 1 9.1%
  • Yes because of Salaries Scale

    Votes: 1 9.1%
  • Yes because of fighting corruption

    Votes: 2 18.2%
  • Yes because of international conferences

    Votes: 2 18.2%
  • Yes because of big projects including private sector

    Votes: 1 9.1%
  • Yes because of Social Security for all

    Votes: 1 9.1%
  • No because School Tuitions are raising

    Votes: 2 18.2%
  • No because because all are corrupted

    Votes: 3 27.3%
  • No because no jobs are created

    Votes: 2 18.2%
  • No because of taxes

    Votes: 0 0.0%
  • Perhaps

    Votes: 0 0.0%
  • PMA is ok but situation too bad and corrupted to get better

    Votes: 3 27.3%
  • It is the fault of Syrian Refugees

    Votes: 3 27.3%
  • I don’t care , I m leaving this country or already left

    Votes: 2 18.2%

  • Total voters
    11
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  • walidos

    Legendary Member
    Orange Room Supporter
    This is a joke right? The PM requested a 20% decrease vs. previous year, and what are they doing?
    30% increase for MoF, 28% for industry, 20% increase in prime minister’s budget, parliament, Interior, displaced, defense about 18% increase... this must be a joke!
     

    walidos

    Legendary Member
    Orange Room Supporter
    700 millions dollars reduced in deficits
    A great idea to solve the debt is QE
    Central Bank will change debts with loan from central bank with1 二ˉPercent interest
    We are going to print 6 billions dollars in money
    With the hope inflation remains low
    You want to print 6 billion dollars worth of Lebanese pounds and not expect the pound to devaluate? And then no inflation? Is a 9 year old proposing these actions?
     

    HannaTheCrusader

    Legendary Member
    Orange Room Supporter
    400MIl is waste mostly
    lets see if tayyar succeeds in cutting them, or basically otehrs agrees to it
    yup each year clkose to 400 MIl wasted on harlots and fake NGOs

    البحث عن ٦٢٠ مليار ليرة بدأ طلب وزير شؤون مكافحة الفساد #نقولا_تويني من المدير العام لأمن الدولة طوني صليبا المباشرة في تحقيق فوري عن كل الجمعيات والمؤسسات التربوية وغير التربوية التي تحصل على مساعدات من الدولة اللبنانية، لتبيان...
     

    walidos

    Legendary Member
    Orange Room Supporter
    Heard of QE in USA Europe
    Quantum easing
    First it is called quantitative easing, not quantum... second it does not involve printing more money as that will devaluate the pound. Quantitative easing is when the central bank buys or sells government bonds to lower interest rates and inject cash into the market. It is effective when interrests rates go very low and forces banks, institutions and individuals to invest to generate profit rather than rely on interest rates, so banks would lend more thus moving the economic wheel.
    It can work but is Delicate: it can lead to inflation if there is too much cash and too little investment opportunity, and often leads to devaluation of the currency (which I assume the central bank can still manoeuvre to maintain via pegging to the dollar).

    Net we are not printing anything, this is a financial manoeuvre that may work but is not without risk.
     

    LVV

    Well-Known Member
    First it is called quantitative easing, not quantum... second it does not involve printing more money as that will devaluate the pound. Quantitative easing is when the central bank buys or sells government bonds to lower interest rates and inject cash into the market. It is effective when interrests rates go very low and forces banks, institutions and individuals to invest to generate profit rather than rely on interest rates, so banks would lend more thus moving the economic wheel.
    It can work but is Delicate: it can lead to inflation if there is too much cash and too little investment opportunity, and often leads to devaluation of the currency (which I assume the central bank can still manoeuvre to maintain via pegging to the dollar).

    Net we are not printing anything, this is a financial manoeuvre that may work but is not without risk.
    Great good you understand
     

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