Jaber: Monthly payments for retirees, infrastructure funding, and salary adjustments
8/14/2025 4:01:00 PM
Finance Minister Yassine Jaber confirmed that the Cabinet approved in its latest session a draft law he had submitted to allocate funds in the 2025 budget to begin monthly payments of 12 million Lebanese pounds to all retired civil servants.
The Minister emphasized this is part of a broader path toward correcting salaries and wages for both active and retired public sector employees, in line with living conditions and the state’s financial reality, in a way that maintains balance and preserves the dignity of workers and upholds the sought-after social justice.
Speaking to his visitors, Jaber said, “What was approved yesterday reflects the state’s intention to launch a reconstruction effort based on its own limited capabilities, while welcoming every offer of assistance from friendly and brotherly countries and international institutions, foremost among them the World Bank.”
Jaber revealed that a first payment of 200 billion Lebanese pounds will be disbursed to the High Relief Commission from the Treasury to begin repair works in Beirut’s southern suburbs. He also announced that he has been authorized to sign a $250 million loan agreement with the World Bank dedicated to rebuilding infrastructure in areas targeted by the Israeli aggression on Lebanon.
Jaber further noted that the Cabinet approved a plan he submitted, based on an agreement between the Ministry of Finance, the Council for Development and Reconstruction, and the Contractors Syndicate, to pay outstanding dues to contractors working with the Council. These dues will be paid in scheduled annual installments after years of delay, which had obstructed a number of vital projects.
The minister also chaired a meeting with relevant directors to review the latest steps in preparing the 2026 budget, which is expected to be submitted within the constitutional timeframe.
The Minister emphasized this is part of a broader path toward correcting salaries and wages for both active and retired public sector employees, in line with living conditions and the state’s financial reality, in a way that maintains balance and preserves the dignity of workers and upholds the sought-after social justice.
Speaking to his visitors, Jaber said, “What was approved yesterday reflects the state’s intention to launch a reconstruction effort based on its own limited capabilities, while welcoming every offer of assistance from friendly and brotherly countries and international institutions, foremost among them the World Bank.”
Jaber revealed that a first payment of 200 billion Lebanese pounds will be disbursed to the High Relief Commission from the Treasury to begin repair works in Beirut’s southern suburbs. He also announced that he has been authorized to sign a $250 million loan agreement with the World Bank dedicated to rebuilding infrastructure in areas targeted by the Israeli aggression on Lebanon.
Jaber further noted that the Cabinet approved a plan he submitted, based on an agreement between the Ministry of Finance, the Council for Development and Reconstruction, and the Contractors Syndicate, to pay outstanding dues to contractors working with the Council. These dues will be paid in scheduled annual installments after years of delay, which had obstructed a number of vital projects.
The minister also chaired a meeting with relevant directors to review the latest steps in preparing the 2026 budget, which is expected to be submitted within the constitutional timeframe.