-
-
- Live
Hundreds of retired Lebanese soldiers protest for higher pensions
Hundreds of retired Lebanese army soldiers briefly broke through a police cordon near the parliament in downtown Beirut on Monday demanding an increase in their monthly retirement pay.
Scuffles broke out between the veteran officers and Lebanese security forces guarding the country’s legislature just as lawmakers met to vote on a controversial austerity budget.
For the latest headlines, follow our Google News channel online or via the app.
“The goal of the budget is to formalize theft, the money they smuggled and stole,” retired army officer, Arkan Shehade, said.
After a brief commotion during which tear gas was fired, the protesters moved away from the parliament building, and gathered nearby.
Monday’s protest comes as banks in crisis-hit Lebanon partially reopened following a week-long closure amid a wave of heists in which assailants stormed at least seven bank branches earlier this month, demanding to withdraw their trapped savings.
Lebanon’s talks with the International Monetary Fund (IMF) on a bailout have progressed sluggishly, with authorities failing to implement critical reforms, including restructuring the banking sector and lifting banking secrecy laws.
Last week, a visiting IMF delegation criticized the government’s slowness to implement desperately-needed financial reforms.
Read more:
‘I need my salary’: Anger as Lebanese banks reopen
Lebanese woman who held up bank to get frozen savings says she is not the criminal
Lebanon expecting an offer from US mediator over maritime demarcation: Presidency
-
IMF condemns Lebanon ‘very slow progress’ on reforms
The International Monetary Fund on Wednesday condemned Lebanon's “very slow” ...
Middle East -
Lebanon: Migrant boat tragedy underscores mounting poverty in Tripoli
In the city from which Lebanon’s richest politicians hail, the poorest residents ...
Features -
US announces $64 mln in emergency food aid for struggling Lebanon
“This situation is exacerbated by Putin’s war against Ukraine due to Lebanon’s ...
Middle East -
US President Biden announces close to $50 mln in aid for Lebanon’s army
Among other things, Washington has been concerned over the security situation in ...
Middle East