Lebanon raises internet prices seven-fold ...Kuwait

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Lebanon raises internet prices seven-fold
Lebanon's Ministry of Telecommunications announced Thursday that internet prices would increase sevenfold, the latest in a series of hikes in the cost of internet data in the crisis-stricken country. According to a copy of the announcement circulating in Lebanese media, 100 gigabytes of internet data would increase from 90,000 Lebanese lira (~US$1) to 630,000 (US$7.03) monthly. The price hike comes as Lebanon enters its fourth year of economic crisis, which has seen the national currency lose 98 per cent of its value and three out of four people plunged into poverty. The private-sector minimum wage in Lebanon is currently 9 million lira, or about US$100. Accordingly,

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