Lebanon raises electricity cost for first time since 1990s ...Kuwait

Lebanon's state power company Electricite du Liban (EDL) raised the price it charges for electricity for first time since the 1990s on Tuesday, an EDL spokesperson said, in a move officials say will pave the way for an eventual increase in power supply. Lebanon has not had round-the-clock power since the 1990s and cash transfers to EDL to cover chronic losses have contributed tens of billions of dollars to the country's huge public debt. Electricity-sector reform is a key demand of donor nations who have pledged to help Lebanon exit a financial crisis if it undertakes reforms. Government officials have said that increasing the price of power would allow the state to a

Hence then, the article about lebanon raises electricity cost for first time since 1990s was published today ( Tuesday 01/11/2022 - 06:28 PM ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Lebanon raises electricity cost for first time since 1990s )

Last updated : 01 Nov 2022 clock 06:28 PM

Also on site :

Lebanon raises electricity cost for first time since 1990s ...Kuwait

POTUS Again Lashes Out At Kaitlan Collins And Rants At Judge Who Will Decide Fate Of CNN, Politico and MS NOW Ban

Amanda Staveley eyes stake in two clubs – and the truth about Everton links

Iran’s Pezeshkian tells UN his country is ‘victim’ of US ‘terrorism’

Create the Coziest Cafe-Like Fall Ambiance With Walmart’s Trio of Sleek Gold Cordless Lamps

Trump pushes Russia-Ukraine ‘energy truce’: Can it work?

‘Dancing with the Stars’ BTS: Mark calms Maura’s nerves, cast consoles Giada & Alan, more

I& 039;m an IVF Success Story—I& 039;m Still Angry At My Doctors

Meta Rallies Into Connect Conference. Why The Muse AI Agent Is Sending Some Stocks Lower.

Where's the Love? The View Asks the Single Most Idiotic Question (yet) About the Clancy Case

Zelensky defends attacks on Russian refineries: 'Our lives are more important than the price of energy'

We Finally Know Where Bats Came From—and Dracula Would Approve

Risk of Hydrazine Use Following Freeze–Thaw Exposure

Colombian Singer Ivana Becomes First Woman Signed by Farruko: ‘We Saw That Potential’

Queen Ursula’s new ‘boyfriend’ should make Putin smile

Netflix Orders Two New Seasons of ‘Chef’s Table,’ Devoted to ‘Desserts’ and ‘Icons’ (EXCLUSIVE)