Lebanon Businessnews News
 

Electricity crisis:
‘Disaster in the making’
Al Jazeera
Share     Share on Facebook     Share on LinkedIn    
WatsApp
After years of stalling reforms, Lebanon is running out of time – and money – to keep the lights on.

Lebanon’s electricity sector is again on the verge of total failure, and the government has once more continued to throw money at it, instead of fixing it.

State-run producer Électricité du Liban (EDL) ran out of funds to purchase fuel, so the government issued a letter to the central bank for an advance from its withering reserves.
FULL STORY
Date Posted: Jun 12, 2021
Share     Share on Facebook     Share on LinkedIn    
WatsApp