subsidies

Lebanon’s central bank to offer credit lines for fuel imports at market price, ends subsidy

Lebanon’s central bank to offer credit lines for fuel imports at market price, ends subsidy

  • The central bank effectively ends fuel subsidy that has drained its reserves since 2019
  • Lebanon is in the throes of a financial downturn branded by the World Bank as one of the worst since the mid-19th century
By Agencies ·