A joint parliamentary committee approved a draft law on Monday to open an additional credit line in the 2025 state budget, allocating monthly financial grants to military personnel. Under the proposed law, active-duty soldiers will receive LBP 14 million per month, while retired military personnel will receive LBP 12 million. Payments are scheduled to begin on July 1, 2025.
The decision is part of broader efforts to support Lebanon’s security forces, who have been severely impacted by the country’s prolonged economic crisis and currency collapse.
The committees also approved a draft law to ratify a loan agreement with the World Bank for the “Green Transition in the Agri-Food Sector for Economic Recovery” project, aimed at boosting Lebanon’s agricultural sector and revitalizing the struggling economy.
The session, held at Parliament, was chaired by Deputy Speaker Elias Bou Saab and attended by several government officials, including Minister of Finance Yassine Jaber, Minister of Information Paul Morcos, Minister of Defense Michel Menassa, Minister of Agriculture Nizar Hani and Minister of the Displaced and Technology Kamal Shehadeh.
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