Lebanon: We will turn off our generators soon
Aug 16, 2021
Lebanon’s fuel crisis has reaching a temporary solution as a quantity of fuel was provided for the hospitals.
The government has accused Salameh of acting alone and said prices should not change, arguing that the damage of ending the subsidies was greater than the benefits of preserving the mandatory hard currency reserve which the central bank is trying to shield.
Lebanon’s currency has lost more than 90% of its value in less than two years, and more than half of the population is now in poverty.