New Lebanon cabinet lifts petrol price, signs audit deal
Arabnewsksa17 Sep, 2021News
BEIRUT: Lebanon?s new government raised gasoline prices on Friday, cutting a subsidy that Prime Minister Najib Mikati has said is unaffordable as he advances plans to address a devastating financial collapse. The government also signed a new contract with restructuring consultancy Alvarez & Marsal (A&M) to carry out a forensic audit of the central bank, a step sought by donors who want to see Beirut enact reforms to unlock badly needed aid.
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