Zahle Electricity discussed at IMF and World Bank

The article discussed Lebanon's efforts to reform the electricity sector. During meetings in Washington with officials from the World Bank and the International Monetary Fund, the importance of restructuring the sector, improving collection rates, and reducing waste was emphasized—particularly through practical models like the Zahle electricity initiative. It was highlighted that the success of this experience in decreasing incidents of unauthorized connections and power theft could boost investor confidence and create a stable financial and legal environment to attract investments. Reforms in tariffs and better management of the sector also play a key role in ensuring the sustainability of electricity services and attracting additional investments.

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