MoF notification #2323-S1 dated 11 July 2025-Electronic notification from the MoF

Budget law for the year 2024

Here is a simplified version of the budget law for the year 2024 in English, issued in the format of a booklet by the Institut des Finances Basil Fuleihan, in cooperation with the Directorate of Budget and Expenditure Control at the Ministry of Finance, and the NGO Financially Wise. It was published in partnership with UNICEF, under the project “Enhancing Budget Transparency, Accountability and Inclusiveness in Lebanon”.

This booklet explains in an easy and simplified manner the general budget 2024 as approved by the Parliament, based on the document and figures published by the Ministry of Finance. It is part of the financial and fiscal awareness series, which aims at raising the awareness of citizens on their rights and obligations, hence facilitating their administrative transactions and promoting transparency and fiscal citizenship.

Download (PDF, Unknown)

MoF notification #2323-S1 dated 11 July 2025-Electronic notification from the MoF

Decision # 302/1

Please be informed that the Ministry of Finance (MoF) has issued on the 2nd April 2024 the decision # 302/1 in application of the article 18 of the 2024 Budget Law # 324, that defines the exchange rate to be applied for the conversion of the salaries paid in foreign currencies at 89,500 LBP/USD (current Sayrafa and parallel market rate) starting from the 1st April 2024.

For the period prior to this date (i.e. for the months of January to March 2024), the salaries paid in foreign currencies should be converted at the previous exchange rate of 15,000 LBP/USD set by the MoF decision # 3/1 dated 9th January 2023 (application decision of the article 35 of the 2022 Budget Law # 10).

Download (PDF, Unknown)

MoF notification #2323-S1 dated 11 July 2025-Electronic notification from the MoF

MoF decision #174/1

Application of the article 39 of the 2022 Budget law related to the tax on the Capital gain (i.e. difference between the acquisition cost and the selling price) generated by individuals from the transfer of their shares in the following joint-stock (SAL) companies: (i) Companies whose sole or main object is to own lands or built properties, (ii) Companies whose main activity is trading real estate properties or real estate development and (iii) Companies with real estate properties exceeding 50% of their total fixed assets. The capital gain tax is equal to the transfer and registration fees on real estate properties (i.e. 3% for Lebanese and 5% for foreigners). Attached to this MoF decision are the tax declaration forms for this capital gain tax.

Download (PDF, Unknown)