Aoun and Diab agree to a treasury advance for “Electricity of Lebanon”


The President of the Republic, Michel Aoun, and the caretaker Prime Minister, Hassan Diab, agreed to obtain an exceptional approval to give Electricité du Liban, a treasury advance, to purchase fuel in foreign currency.

Earlier in the day, the Minister of Finance in the caretaker government, Ghazi Wazni, had sent a letter to the Presidency of the Council of Ministers, requesting the issuance of exceptional approval, for the necessity of EDL, and at the request of his assistance, to search for financing for EDL in foreign currency. And after my weight communicated with the Governor of the Banque du Liban, Riad Salameh, in an attempt to remedy the darkness that was heralded a few days ago by “Electricity of Lebanon”, with its announcement of reducing feeding hours in light of the indifference of the Banque du Liban, which does not respond to opening credits to it.Diab signed the “Finance” book, and the Presidency of the Republic announced Aoun’s approval of the exceptional approval, noting that “the electricity crisis is leading to a breakthrough.”

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