We are waiting for the matter of the Ministry of Finance!



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Rachel Dandash wrote in “Al-Akhbar”: Once again, debris is piling up on the sides of the roads in Baabda, Chouf and Aley districts. They appear more pronounced in the southern suburbs of Beirut, due to the large amount of waste. And again, since last July, the waste collection company “City Blue” has met with the governor of the Banque du Liban to find a solution to pay the company’s fees, as is the case. It is expected that the company “Ramco”, next week, will also stop collecting waste from Beirut, Al-Matn and Keserwan for the same reason, which is the lack of payment by the state of the company fees. All this comes to the doors of winter and at the height of the escalation of the epidemic crisis of the Crown, to increase the accumulation of waste, with the health and environmental implications of the tragic and tragic reality of the Lebanese.

The Chairman of the Board of Directors of “City Blue”, Milad Mouawad, told “Al-Akhbar”, after the meeting that took place yesterday with the Governor of the Banque du Liban Riad Salameh: “The ruler is positive in this regard and no one is hampered by it. ” He is quoted as saying that he “has no objection to lending the state dollars in this file,” placing the responsibility with the Ministry of Finance, which currently gives him the order to pay company fees in Lebanese pounds. But Salameh was clear with City Blue: “If someone tells you that I don’t loan in dollars, then I say I borrow in dollars.”

Therefore, the problem of waste accumulation is due to the accumulation of fees from waste collection companies, mostly in US dollars. In addition to the cessation of financial facilities through the banks, and finally the monetary problem for which the company can no longer pay the wages of the workers, the majority Lebanese, after deporting about 400 foreign workers, as well as the need to buy fuel and spare parts, which made, according to his administration, In case of not being able to continue working. Mouawad explains that “the day we made the tender (3 years ago), the tender was in dollars, and all the debts that the company had were in dollars, in addition to our contracting with foreign companies, and all of this entailed expenses in dollars in cash”. Today, “we are asking the state, at least, to pay the company’s fees in local dollars, so that we can pay off the debts, pointing out that the banks do not take the company’s debts in Lebanese pounds because they are in dollars, and this in turn prevents them from lending them. ” The current concern of “City Blue” is that “you can pay off your debts, while we manage the rest and do everything we can”.

Today companies are trying to hold a session with the Ministry of Finance, but without optimism: “I imagine that the Ministry of Finance will not tell the governor of the Central Bank to pay in dollars.” But what to do? “The solution is in the state, not ours, and as long as there is no solution, we cannot work.” It is worth noting that the monthly costs owed to “City Blue” range from $ 800,000 to $ 2 million. The company also has quotas with the state amounting to $ 16 million as a result of this year’s business.

Read the full article Press here.

Source: News

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