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For fear of the popular explosion that could be translated on the street as an objection to what has become known as the subsidy rationalization plan drawn up by the interim government under Hassan Diab’s presidency, it seems that the implementation of this plan will be has returned due to delay and for various reasons.
With regard to hydrocarbons, the plan discussed in Serail plans to reduce the percentage of gasoline subsidies by the Central Bank of Lebanon, from 85% to 70 or 60%, after studying the two possibilities.
If the government is to cut subsidies from 85 to 70 percent, the price of gasoline is likely to rise from about 25,000 to about 30 to 32,000 pounds, depending on what world oil prices experience.
If the government decides to cut subsidies from 85% to 60%, the price of 95 octane gasoline can rise from about £ 25,000 to £ 35,000.
The lifting of subsidies will be limited to gasoline only because the meeting came to the conviction that diesel is the material of the poor, the material for heating, agriculture and industry, and therefore should not be included in the reduction of subsidies, which means that their prices will remain the same.
In the context of explaining the lack of implementation of the plan, sources monitoring the file consider that the current government, any interim government, does not want to bear the social and economic consequences of the rise in subsidies and the consequent explosion on its own. popular on the street. Therefore, they insist that the Council discuss Representatives and approve the plan, then the parliamentary blocs and what they represent politically will be responsible for the consequences of the reduction in support, not only the Diab government, which has left little of its life .
At the same time, there are those who whisper in the Serail that Diab is postponing as much as possible the start of the implementation of the subsidy reduction plan. Perhaps this delay will lead to the birth of the Saad Hariri government, and then let the latter take on the responsibility of the Lebanese people to reduce support and its consequences.
This is when it comes to fuel. As for the livelihood of the citizen, it seems that the government has abandoned the rationalization of flour subsidies, and despite that, the price of a wad of bread will increase with the start of the new year, for the following reason: When Lebanon received the donation of tons of Iraqi flour, the Ministry of Economy distributed the donation to the mills, which in turn distributed it to the bakeries. How?
When the bakery owner requests a ton of flour from the mill, he must deliver 25%, or 250 kilograms, without financial compensation, and this percentage is Iraqi flour. The percentage of 75%, or 750 kilograms, remains. The owner of the bakery, due to the Iraqi donation, received a ton of flour and paid only 750 kilograms.
The flour from the Iraqi gift will be implemented on January 5 or 6 at the latest, after which the mills will not deliver a ton of flour to the bakeries for less than 850 thousand liras, which will push the bakers to raise the price of the bundle of bread 900 grams from 2000 to 2500 pounds, that is 500 pounds more. Its current price.
For all the above, what is required is first, second and third, a new conscious government, not like its predecessors, that begins to implement reforms with the aim of obtaining foreign aid, otherwise Lebanon will head towards Hell, as the President of the Republic once said. Is Saad Hariri aware of this responsibility when he made a promise and then returned to justify and argue, but did not keep his promises?
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