13 Hrs
Source:
دايلي بيروت
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Is the friend considering resignation after retreat
The Lebanese Ministry of Energy is facing a serious crisis in securing sufficient funding for the maintenance and operation of Electricité du Liban. The Minister of Energy, Walid Fayyad, was promised by the government that a clear mechanism would be provided to schedule payments of the $250 million owed, aiming to increase power supply hours and reduce dependence on generators. This includes adopting a flexible tariff to boost collection and reduce costs for citizens. However, despite these promises, Prime Minister Najib Mikati requested the Ministry of Finance to prepare a draft law for $50 million, while the company actually needs $250 million. This threatens the implementation of plans and could delay the arrival of fuel oil, which is only due in two weeks. Sources indicate that the Minister of Energy is seriously considering resignation due to the government's negligence in providing a real solution to the escalating electricity crisis.
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