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Lebanon bank boss slams criticism over ending fuel subsidies

Lebanon bank boss slams criticism over ending fuel subsidies

Al Jazeera
Saturday, August 14, 2021 05:38:42 PM UTC

Bank chief slams gov’t criticism over ending fuel subsidies, as Lebanese army deploys at gas pumps to curb hoarding.

Lebanon’s central bank governor has said nobody is running the country, hitting back after government criticism of his decision to halt fuel subsidies that have drained currency reserves. In an interview broadcast on Saturday, Riad Salameh said the government could resolve the problem quickly by passing the necessary legislation. He denied he had acted alone in declaring an end to the subsidies on Wednesday, and said it was widely known that the decision was coming.
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