14 Hrs
دايلي بيروت
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دايلي بيروت

2026-11-08T09:41:49.000Z

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Extra power funds debated

Extra power funds debated

The Finance and Budget Committee, chaired by Ibrahim Kanaan, is examining a draft law to allocate an additional 8,950 billion Lebanese pounds—equivalent to about $100 million—in the 2026 budget to pay part of the amounts owed to Électricité du Liban. The draft is expected to be added to the agenda of next week’s legislative session after the committee approves it. Kanaan stressed, however, that the appropriation does not remove the need to address the causes of the crisis and determine who is responsible for the accumulated arrears.

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