[ad_1]
Published in:
Ghazi Wazni, Finance Minister in the Lebanese interim government, called for swift approval of plans to cut subsidies and issue ration cards to citizens before the country’s foreign exchange reserves are depleted at the end of next May. Wazni stated that the delay in approving these plans would cost the state $ 500 million a month.
Ghazi Wazni, Minister of Finance, said Lebanese In the interim government, his country must quickly agree on a plan to reduce subsidies and issue ration cards, given that the funds allocated to foreign reserves to finance basic imports in his country will be exhausted at the end of May and that the delays At launch, a plan to reduce subsidies will cost $ 500 million per month.
As Lebanon’s economy collapses, Wazni told Reuters on Thursday that the central bank had asked who: The interim government Decision to gradually increase support to legalize (rationalize) the remaining foreign exchange reserves. The Lebanese financial collapse is fueling hunger and instability in the most dangerous crisis in Lebanon since the 1975-1990 civil war.
France 24 / Reuters / AFP
