Raymond Ghajar

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Lebanese fear end to fuel subsidies as Arab ministers discuss energy rescue plan

Any decision to axe subsidies could lead to price hikes of almost all commodities in Lebanon, further adding to the deep economic and political crises already gripping the country
Georges Brax, a member of the gas station owners’ syndicate, said: “The $225 million allocated to subsidize fuel and electricity has basically dried up.”

By NAJIA HOUSSARI · 08 September 2021