* Finance minister signals moves to cut public-sector wage
BEIRUT Lebanon's draft budget for 2019 projects a deficit of less than 9 percent of GDP compared to 11.2 percent in 2018 and includes "wide reductions" in spending based on the need for "exceptional austerity measures", the finance minister said on Wednesday.
BEIRUT Lebanon is committed to launching fast and effective reforms that could be "difficult and painful" to avoid a worsening of economic, financial and social conditions, according to a draft government policy statement seen by Reuters on Wednesday.
BEIRUT Hezbollah's bigger role in Lebanon's new unity government points to a growing appetite to shape state affairs and builds on unprecedented military clout the group is wielding after helping turn the tide in Syria's war.
BEIRUT Lebanon formed a new national unity government on Thursday, ending nine months of wrangling, and Prime Minister Saad al-Hariri said bold moves were needed without delay to address chronic problems facing the heavily indebted state.
BEIRUT Iran-backed Hezbollah has "for years" been able to enter Israel, the Lebanese group's leader said on Saturday, responding for the first time to Israel's discovery of tunnels dug into Israeli territory from Lebanon.
BEIRUT Lebanon is studying ways to manage its public debt and its structure as part of plans for public finance reform, the finance minister told Reuters on Thursday, after he was cited saying the plan included restructuring of public debt.
BEIRUT Hezbollah's role in the Lebanese government stands to widen when it names the new health minister though it will not be putting a party member in the job, sources say, as the United States extends sanctions against the Shi'ite Muslim movement.
BEIRUT Lebanon is on track to form a new national unity government in the next few days, politicians said on Tuesday, raising hopes for an end to more than seven months of wrangling that has darkened the outlook for its struggling economy.
BEIRUT Lebanese Prime Minister-designate Saad al-Hariri looked closer to forming a new national unity government as a major Christian party declared on Monday it would take part despite being offered an "unjust" share of cabinet seats.