The Lebanese parliament convened on Thursday to discuss the draft state budget law as submitted by the caretaker government. The lawmakers’ speeches concentrated on the various aspects of the socioeconomic crisis that has been plaguing Lebanon since 2019. Head of Loyalty to Resistance bloc Hajj Mohammad Raad indicated that the ...
In light of the decision of the Central Bank to cancel all the fuel subsidies, the exchange rate against the US dollar has risen dramatically. Due to the new decision, the fuel importers in Lebanon will be forced to obtain the fresh dollar from the black market, which will consequently ...