19 Hrs
دايلي بيروت
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دايلي بيروت

2026-11-04T12:53:16.000Z

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The Media Office of the Ministry of Energy and Water said that the additional appropriation proposed in the 2026 budget is intended to pay the state’s accumulated dues to Electricité du Liban, not to borrow. It also covers exemptions in the South and repairs to war damage. The statement added that when Minister Joe Saddi took over the ministry on February 13, 2025, the utility’s operating capital stood at about $88 million and 693 million Lebanese pounds, alongside an outstanding debt of $1.115 billion to Iraq. It said the “zero-debt” policy made it possible to provide 7 to 9 hours of electricity supply in February 2026 using revenue from bill collection, while measures were taken against public administrations and institutions that were late in paying.

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