Subsidies for drugs are being cut … What about fuel?

Al-Akhbar wrote: In the supporting file, as of last night, the government palace departments had not completed the final version of the proposals related to reducing drug subsidies, due to numerous amendments to the regulations. However, it is true that subsidies for chronic, incurable and cancerous diseases will be reduced, in addition to public health drugs whose price exceeds 70,000 Syrian pounds by five percent (from 85 to 80 percent). military cadet corps Public health drugs that cost less than 70,000 pounds will be subsidized on the basis of 3,900 pounds to the dollar. According to expectations, this mechanism will reduce the cost of support from $ 1.2 billion to $ 700 million annually..

Despite rumors that fuel subsidies are based on the price of the platform (3,900 pounds), which will lead to an increase in the price of gasoline to about 40,000 pounds, informed sources confirm that the fuel issue is postponed waiting for the end of negotiations with the Iraqi side to obtain crude oil. While sources indicate that the issue is moving in a positive direction in light of Prime Minister Mustafa Al-Kazemi’s enthusiasm for supporting Lebanon, the latter is currently making the necessary arrangements to avoid any internal objections to the deal, noting that the reference supports any decision to support Lebanon with oil. After Lebanon contacted several companies operating in oil refining, the concerned Iraqi authorities contacted a refining company so that, if they agreed with them, they could deliver the crude directly, always to send it to Lebanon after refining it. In Lebanon, those who are enthusiastic about this option, which guarantees a major halt to the depletion of foreign currencies, as the agreement provides for a one-year delay in payment, know that the oil mafia in Lebanon will defend it. Given that his role and the huge profits he made over many years, in solidarity with politicians, will be threatened with a contraction, especially since the state is supposed to import fuel directly and sell it to companies..