In Lebanon, petrol is now priced out of reach
Al JazeeraFilling up the gasoline tank in a standard vehicle in Lebanon now costs more than the monthly minimum wage. “We used to top up around 200 cars every day, but today we’re topping up no more than 30 or 40 cars,” Talal told Al Jazeera. One of Lebanon’s public transportation unions threatened to shut down the country’s main highways in a so-called “day of rage” this week, but the union head cancelled it after meeting with Prime Minister Najib Mikati, who promised to improve working conditions. “And now with the subsidies lifted on fuel, when the value of the dollar increases, then so will gasoline prices,” Brax told Al Jazeera. “And here we are, after spending billions of dollars for the fuel cartel in subsidies.” Political squabbling and trading blame For over a year, Lebanon’s political leaders have promised to replace expensive, blanket subsidies with ration cards that would cost the state $556m annually – a fraction of the retired subsidies programme.
History of this topic
Lebanon: Central Bank lifts all expensive fuel subsidies
Associated Press
Lebanese fearful as fuel and wheat shortage deepens
Al Jazeera
Fuel price hike worsens Lebanon’s tough living conditions
Associated Press
‘Unprecedented’ hunger in Lebanon as fuel crisis hikes food costs
Al Jazeera
Lebanon: Government hikes petrol prices again to tackle shortages
Al Jazeera
Lebanon bank boss slams criticism over ending fuel subsidies
Al Jazeera
Lebanon: Politicians blast central bank for ending fuel subsidies
Al Jazeera
Lebanon’s worsening fuel crisis spurs violence, leaves three dead
Al Jazeera
Economic crisis, severe shortages make Lebanon ‘unlivable’
Associated Press
‘Catastrophe’ warning as Lebanese officials lift fuel subsidies
Al Jazeera
Lebanon reduces critical fuel subsidies amid petrol crisis
Al Jazeera
Lebanon: Energy minister warns petrol subsidy will soon end
Al Jazeera
‘No food in the fridge’: A gruelling Ramadan in Lebanon
Al Jazeera
Lebanon: Anger mounts over economic crisis as politicians dawdle
Al JazeeraDiscover Related
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