Lebanon: Central Bank lifts all expensive fuel subsidies
Published on: Monday 12 September 2022
BEIRUT (AP) — Lebanon's central bank lifted its remaining subsidies on fuel on Monday, gas station owners said, ending a year-long process of scaling back on the expensive program. The Central Bank over a year ago announced it would gradually lift fuel subsidies , to slow down the draining of its foreign exchange reserves.
News source: https://apnews.com/549ee4d168a65d42fc8cfadeca7ae5dc
