Decree 3214: Price increases offset by gas price drop

Lebanon issued Decree No. 3214, which was scheduled to impose additional fees of up to 7% on certain goods. However, its implementation was suspended following a wave of protests. The decree aims to have producers and importers share part of the waste management costs to protect the environment. Nonetheless, there are concerns that it could lead to significant increases in the prices of goods and services, affecting the purchasing power of citizens amid multiple economic crises.

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