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Information and facts concerning Lebanon

By: Fadi Slim

CAPITAL: Beirut
POPULATION: Close to 3.8 million

LANGUAGES: Arabic (official), French, English, Armenian

AREA: 10,452 sq . kilometers
WEATHER CONDITIONS: Mediterranean weather, with cool, rainy winters and warm, dry summers.

ELEVATIONS: Top place - Qornet Es-Saouda (3,090m). Lowest point - Mediterranean Sea (0m).

FLAG: The Lebanese banner is split into three broad horizontal lines, with red on the top and bottom and a larger white stripe in the middle. In the centre of the white stripe is a green cedar tree, the logo of the country.

ECONOMY: Lebanon capitalizes on the initiative of its families and its geographical location to make up for a deficiency of natural resources. Historically, a considerable ratio of the country's income derives from remittances sent by the hundreds of thousands of Lebanese located in another country. A service-based economy, its trading, banking, and monetary facilities, as well as its zero cost currency market, made Lebanon the region's business oriented and tourist centre prior to the conflict. With peace established and reconstruction underway, Lebanon is once again serving as the business oriented and vacation capital in the area.
Around thirty-seven% of the nation is using cultivation, with rice, greens, crops, tobacco, and olives the chief crop categories. There is substantial animals farming as well. Industry ranges from concrete to fabrics, apparel, household furniture, canned goods, and light metals. Tourism, one of the mainstays of the pre-war country's economy, is getting improved.
To help improve the economy, the authorities has started a low income tax plan to provide funding benefits, increase disposable revenue, and widen the tax base.
MONEY AND BANKING: Movement of money towards and out of the state and all exchange deals are totally free of any sort of control. Gold and silver coins can be freely exchanged, brought in, and exported. The standard monetary unit is the Lebanese pound issued in LL50, LL100, LL250, LL500, LL1,000, LL5,000, LL10,000, LL20,000, LL50,000, and LL100,000 denominations.
Banking is a significant enterprise in Lebanon with tight banking secrecy one of its crucial features. More than seventy-six banking companies work in the state, and ventures are implemented efficiently and at low-cost.
GOVERNING ADMINISTRATION: Lebanon is democratic republic with a parliamentary procedure of administration and a cabinet lead by a prime minister. Its constitution is primarily based on the splitting up of executive, legislative, and judicial power, with a president chosen for a 6-yr period. The 128 members of parliament are elected by universal adult suffrage for a four-year term.

ADMINISTRATIVE PARTITIONS: The Lebanese Republic is divided into 6 regional administrative areas, or Mohafazaat: Beirut, Mount Lebanon, Northern Lebanon, Békaa, South Lebanon, and Nabatiyé.
EDUCATION AND LEARNING: There is a national network of primary and secondary public institutions, that is supplemented by a number of private colleges. Teaching is provided in no less than two languages. The general academic spirit of Lebanon looks outwards, at the same time to the East and West. A large number of Lebanese individuals follow higher certification in Europe, the United States, and Arab states.
At present, Lebanon has 7 major universities and colleges and numerous professional training colleges and faculties:
· St. Joseph College, established and run by Jesuit Fathers, has for more than a hundred years and a 1 / 4 contributed to the Lebanese and Arab intelligentsia.
· The American University of Beirut, established in 1866, provides a liberal education that has coached many of the region's leaders, educators, and professionals.
· A Lebanese state university was founded in 1967, composed of faculties of law, medicine, arts and sciences, and a teacher training college.
· Later, the Beirut Arab University, with faculties of arts, law, commerce, and engineering was launched.
· The venerable Lebanese American University (formerly Beirut University College) has also had an important influence.
· In recent years, many innovative universities have sprung up throughout the country, particularly Haigazian University in Beirut; the Holy Spirit University and Notre Dame University, both north of Beirut; University of Balamand, south of Tripoli; the Islamic University in Khaldé; and a lot of others.

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