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Institut des Finances Profile picture
Institut des Finances
@IOFLebanon
A knowledge center at the Lebanese Ministry of Finance - معهد باسل فليحان المالي والاقتصادي في وزارة المالية اللبنانية
May 7, 2020 • 13 tweets • 10 min read
This thread is about understanding Lebanon’s #budget in few questions.
Another thread will explain #Citizen_Budget 2020.
@OpenBudgets 👇 What is the #Budget?
Article 3 of the "Public Accounting Law" defines #budget as “a legislative instrument in which national #revenues & #expenditures are estimated for the upcoming year & by which #tax collection & spending are allowed”.