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first budget

Lebanon passes first budget since 2005

BEIRUT: Lebanon's parliament on Thursday approved a government budget for the first time since 2005, the country's ANI news agency reported. For 12 years, political crises and wars have forced Lebanon's state institutions to operate without a budget, an economic aberration that has angered many Lebanese. But after three days of debate, lawmakers on Thursday passed the budget -- for the current financial year, not for 2018. Prime Minister Saad Hariri, who called the vote "historic", said the 2018 budget could be…