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Parliament approves funding allocations for judiciary, university faculty mutual funds

Parliament approves funding allocations for judiciary, university faculty mutual funds

MTV Lebanon20 hours ago

The Parliament has approved a series of urgent draft laws related to supplementary budget allocations for the year 2025, aimed at supporting mutual funds for the judiciary and university faculty.
Lawmakers passed a LBP 1,500 billion allocation to the Judges' Mutual Fund, in accordance with the format approved by the Finance and Budget Committee. The Parliament also ratified the expedited draft law (Decree No. 298) to open an additional credit line in the 2025 general budget to fund the same contribution.
Additionally, Parliament approved an expedited draft law (Decree No. 385) to open a supplementary budget credit under the Ministry of Education and Higher Education.
This funding is designated for the Mutual Fund of Lebanese University faculty members, to cover social and healthcare support. A total of LBP 1,320 billion was allocated to the fund, also in line with the recommendations of the Finance and Budget Committee.
These allocations aim to ensure the continuity of key social benefits for members of the judiciary and higher education institutions in Lebanon.

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Parliament approves funding allocations for judiciary, university faculty mutual funds
Parliament approves funding allocations for judiciary, university faculty mutual funds

MTV Lebanon

time20 hours ago

  • MTV Lebanon

Parliament approves funding allocations for judiciary, university faculty mutual funds

The Parliament has approved a series of urgent draft laws related to supplementary budget allocations for the year 2025, aimed at supporting mutual funds for the judiciary and university faculty. Lawmakers passed a LBP 1,500 billion allocation to the Judges' Mutual Fund, in accordance with the format approved by the Finance and Budget Committee. The Parliament also ratified the expedited draft law (Decree No. 298) to open an additional credit line in the 2025 general budget to fund the same contribution. Additionally, Parliament approved an expedited draft law (Decree No. 385) to open a supplementary budget credit under the Ministry of Education and Higher Education. This funding is designated for the Mutual Fund of Lebanese University faculty members, to cover social and healthcare support. A total of LBP 1,320 billion was allocated to the fund, also in line with the recommendations of the Finance and Budget Committee. These allocations aim to ensure the continuity of key social benefits for members of the judiciary and higher education institutions in Lebanon.

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