Hoballah, GLC delegation discuss financial incentives for industrial sector

Fri 26 Mar 2021 at 15:16 Economy

NNA - Caretaker Minister of Industry, Dr. Imad Hoballah, on Friday met with a delegation representing the General Labor Confederation (GLC) headed by Bechara Al-Asmar. 

The pair reportedly discussed the basket of incentives in favor of industrialists, which is on its way to implementation, including an allocation of LBP 417 billion pounds currently available at the Ministry of Finance. 

Bechara explained that this sum was allocated to support the industrial sector and workers amid this difficult stage, with a package of incentives that involves electricity expenses and taxes on imported raw materials.






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