Key Figures

Chief of State:
Vacant
Head of Government:
Prime Minister Najib Miqati

Overview

Government Name:
Lebanese Republic
Constitution:
Adopted: 1926; Main feature is the representation given to the various religious communities in public employment, the formation of government, and the selection of the legislature.
Government Type:
Parliamentary Republic
Lebanese Republic Flag
Coat of Arms of Lebanese Republic

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)

Country Risk Rating

D
A high-risk political and economic situation and an often very difficult business environment can have a very significant impact on corporate payment behavior. Corporate default probability is very high. Source: Coface (2022)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president is the head of state, appoints the prime minister and cabinet. The prime minister is in charge of day-to-day executory tasks and advising the president.

The president is elected by the national assembly. The prime minister is appointed by the president and approved by parliament.

6 years

Judicial

The Court of Cassation is in charge of dealing with charges against top governmental officials and is the highest court of the land. The Constitutional Council interprets the constitutionality of laws.

Court of Cassation judges appointed by Supreme Judicial Council, headed by the chief justice, and includes other judicial officials. Constitutional Council members are appointed by the Council of Ministers and parliament.

Court of Cassation: Information not available; Constitutional Council: 5 years

Legislative

Elects president, approves president's appointees, in charge of creating legislature.

128 members elected by plurality vote in multi-member constituencies.

4 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Finance
Tax Name:
VAT

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/