Aoun summons Salameh after decision to end fuel subsidy
Lebanese President Michel Aoun summoned central bank governor Riad Salameh after the bank decided to end subsidies on fuel imports, the presidency said on Twitter.
Lebanese President Michel Aoun summoned central bank governor Riad Salameh after the bank decided to end subsidies on fuel imports, the presidency said on Twitter.
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Lebanon’s Central Bank said it would begin Thursday offering lines of credit for fuel purchases based on market price for pound, ending its subsidy for the essential product.
U.S. President Joe Biden’s administration on Wednesday urged OPEC and its allies to boost oil output to tackle rising gasoline prices that they see as a threat to the global … Read More
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