Agreement Reached on Keeping Fuel Subsidies until Ration Card Approval

The Public Works Parliamentary Committee, the caretaker ministers of energy and finance, Electricite du Liban, the private oil companies and the state-run oil facilities held a meeting Tuesday in the presence of a central bank representative, al-Jadeed TV said.

The meeting was dedicated to studying the fuel subsidization file and it was decided to take the following steps:

- Maintaining subsidization until the ration card is approved

- Asking President Michel Aoun and caretaker PM Hassan Diab to finalize the ration card plan within a week prior to lifting subsidization

- Tasking the army with protecting electricity transfer stations as soon as possible to avoid a power outage across Lebanon

- A gradual increase of fuel prices after the distribution of ration cards