Cabinet Approves Electricity Policy and Warns on Waste Crisis
The article focused on the decisions made by the Lebanese Council of Ministers during its recent session, particularly the approval of the electricity sector policy plan aimed at privatizing the Electricité du Liban and transforming it into a commercial company. This involves dismantling the institution and distributing its activities among private companies, while the transmission component remains a state-owned entity. The council also approved a $150 million loan from the World Bank to accelerate digital transformation in Lebanon. Additionally, there was consensus on appointing a Director General for the General Establishment for Consumer Markets, along with a series of administrative appointments and financial measures. The Minister of Finance issued warnings about an imminent waste crisis that requires urgent action.
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