Lebanese government raps central bank over decision to end subsidies
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Lebanese government raps central bank over decision to end subsidies
BEIRUT (Reuters) -The Lebanese government criticised central bank governor Riad Salameh on Thursday over his decision to halt fuel subsidies, saying Lebanon could not bear the consequences and that other measures needed to be implemented first to help the poor. A loss of fuel subsidies would open a»»»
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Lebanon's central bank on Monday vowed to provide dollars at the official rate for firms that import fuel, medicine and wheat to alleviate the worse financial crisis since the war-torn 1980s.Central bank (BDL) chief Riad Salameh said Monday that the Lebanese Pound peg to the dollar would remain sta»»»
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