Lebanon’s cabinet postpones final budget meeting

After decades of civil war and repeated political crises made it one of the world’s most indebted countries, Lebanon is drafting its “most austere” budget to secure billions of dollars in international aid. (File/AFP)
Updated 15 May 2019

Lebanon’s cabinet postpones final budget meeting

  • Lebanon is drafting its 'most austere' budget to secure billions of dollars in international aid
  • The small Mediterranean country has promised donors to slash public spending as part of reforms to unlock $11bn in aid pledged at a conference in Paris last year

BEIRUT: Lebanon’s cabinet delayed until Friday its last session on the 2019 draft budget, a minister said, pushing back a critical meeting to finalize plans for cutting the deficit.
Lebanon has one of the heaviest public debt burdens in the world, and long-stalled reforms are seen as more pressing than ever after years of low economic growth.
President Michel Aoun, in a speech late on Tuesday, urged the Lebanese to end protests and make sacrifices to rescue the country from economic and financial crisis.
Prime Minister Saad Al-Hariri has said this may be the most austere budget in Lebanon’s history.
Ministers who convened on Wednesday afternoon had been due to meet again at night to agree the budget before sending it to parliament for approval.
“There will be no second session tonight,” Health Minister Jamil Jabak told reporters at the Grand Serail, the government headquarters in Beirut.
Parliament Speaker Nabih Berri called for speeding up efforts to complete the budget, lawmakers from his Amal Party cited him as saying after a meeting.
Fears that the budget will include wage or pension cuts have sparked protests by public sector workers and retired soldiers.


Egyptian ministry of irrigation — torrent season begins

A general view of the High Dam in Aswan, Egypt February 19, 2020. (REUTERS
Updated 21 September 2020

Egyptian ministry of irrigation — torrent season begins

  • Preliminary indications of the flood showed that it is higher than average and that the incoming waters during August and September are so far higher than those of last year

CAIRO: Egypt’s flood season began in August and will continue for three months — and the torrent season is about to begin — Mohamed El-Sebaei, spokesman for the Ministry of Water Resources and Irrigation, has confirmed.

The Ministry of Water Resources and Irrigation continues to prepare for the torrent season and to deal with flooding, which has caused the levels of the Nile to rise significantly over the past few days.

El-Sebaei said the ministry is monitoring the quantities of water that reach Egypt and accumulate in front of the High Dam on a daily basis, pointing out that the Minister of Irrigation, Mohamed Abdel-Ati, has been in Aswan since yesterday to inspect the water facilities of the High Dam.

He said that the torrential season is about to start in the period between autumn and winter, and that the ministry is following up with all torrent, canal and drain networks to ensure that they are ready to receive any volume of water and to preserve private and public property.

The ministry is preparing to cope with the torrents and rains expected to occur during autumn and winter by preparing Lake Nasser, located behind the High Dam, which is one of the most important strategic points in containing the quantities of water coming from the Ethiopian plateau.

The Egyptian River Revenue Regulatory Committee, in its meeting headed by Abdel-Ati, reviewed the situation of the Nile flood, the procedures for monitoring, analyzing and evaluating its condition, and the quantities of water expected to arrive until the end of the current water year 2021-2022.

According to a statement by the Ministry of Irrigation, the rates of rain in the sources of the Nile is expected to start decreasing by the end of September.

Preliminary indications of the flood showed that it is higher than average and that the incoming waters during August and September are so far higher than those of last year. Is still too early to make a final judgment on the type and size of this year’s flood.

Eman El-Sayed, head of the planning sector and head of the forecast center at the Ministry of Irrigation, said the center works to calculate the rates of rain that fall on the upper Nile River countries until it reaches the country on a daily basis. She explained that the latest technology is used to take satellite images and download mathematical models to determine the amount of rain falling and when it will fall.

El-Sayed added that the ministry holds two meetings every week to discuss the developments of the flood season, which have been confirmed more than once to be very high — once during the meeting of the River Revenue Regulatory Committee and the other during the Leadership Committee meeting.

She pointed to the development of three scenarios to deal with a flood. If it comes at a power 10 percent stronger than expected, it will be water drainage as usual. If it comes 50 percent stronger than expected, the excess will be dealt with through drains and waterways and the Toshka spillway will open. If it is stronger than that, the country will declare a state of emergency, she said.