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LBP 675 thousand the new minimum wage in the public sector

20-7-2017

Five years after it was initially submitted, the new public salary scale was finally approved the day before yesterday during two successive legislative sessions chaired by House Speaker Nabih Berri. The new salary scale is expected to be funded from the budget if the latter is endorsed within a period of one month, otherwise, it will become effective by force and payment will start automatically after the elapse of the month. However, heated political debate over this matter, Al Akhbar daily wrote, is continuing. The Parliament was expected to review yesterday the ratified provisions of above new bill, including the 1% hike in value added tax, leaving the most important ones for today, namely taxes targeting banks, real estate and financial institutions, as well as, the maritime property law. Some of the notable provisos approved last Tuesday were related to increasing pensions for retired civil servants to be paid in a three-year installment, raising grades of high school teachers whereby the increase in salaries of public and private teachers becomes equal, raising the minimum wage in public administrations and in the Lebanese University to LBP 675 thousand (but without a retroactive effect), and extending working hours of state employees (Monday thru Friday without Saturdays) from 8:00 am to 3:30 with exemption of two working hours on Friday associated with prayer time. (Al Diyar, Al Mustaqbal, An Nahar, Al Akhbar, July 19, 2017)

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