6 Hrs
 الشرق اللبنانية
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الشرق اللبنانية

2026-11-08T20:15:11.000Z

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Power Dues and $100M Plan

Power Dues and $100M Plan

The Finance and Budget Committee, chaired by Ibrahim Kanaan, is examining a draft law to authorize an additional appropriation of 8,950 billion Lebanese pounds—equivalent to $100 million—from the 2026 budget reserve to pay part of the amounts owed to Électricité du Liban. The move follows power cuts to public institutions and departments because of accumulated unpaid bills, with resulting repercussions for citizens. If the committee approves the appropriation, it is expected to be added to the agenda of next week’s legislative session. Kanaan stressed that the funding does not remove the need to address the causes of the crisis and determine who is responsible.

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