SALAM FROM GRAND SERAIL: WHEAT FUNDS AVAILABLE, MIKATI WILL CALL FOR MEETING TO CURB POWER SECTOR CHAOS

Caretaker Prime Minister, Najib Mikati, on Thursday met at the Grand Serail with Caretaker Economy Minister, Amin Salam.

 

After the meeting, Salam said: “We’ve discussed basic issues, including the need to follow up on and implement the wheat and flour plan that we’ve worked on. We’ve made it clear that all the credits are still in place pending the implementation of the World Bank loan within three weeks, which will ensure sustainability in wheat availability.”

 

Salam added that Mikati Mikati would be calling for a meeting to discuss the means to curb the rampant chaos within the energy sector, as some private generator owners have been taking advantage of the situation and forcing people to choose between a hefty monthly bill or zero power supply.

 

“The meeting aims to put in place a mechanism to control prices and limit the exploitation of people,” Salam said.

 

“We’ve also discussed the intensive meetings that we’ll be holding with the World Bank during its annual meetings to study the post-existing wheat loan and develop the social safety net that provides assistance to approximately 200,000 families in Lebanon,” Salam added.

 

Source: National News Agency – Lebanon

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Welcome to Lebanon News Gazette, your window into the captivating world of Lebanese news and beyond. We are here to deliver timely, accurate, and captivating coverage that keeps you informed and engaged.