News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
23
o
Mount Lebanon
23
o
Metn
23
o
Keserwan
23
o
North
25
o
South
22
o
Bekaa
22
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Morning Talk
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
23
o
Mount Lebanon
23
o
Metn
23
o
Keserwan
23
o
North
25
o
South
22
o
Bekaa
22
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Abou Haidar to LBCI: Bloomberg allows unification of exchange rate
Lebanon News
2023-09-21 | 05:26
High views
Share
Share
3
min
Abou Haidar to LBCI: Bloomberg allows unification of exchange rate
Mohammed Abou Haidar, the Director General of the Ministry of Economy, urged on Thursday traders to register their products for export with the assistance of a Qatari grant, noting the presence of chambers of commerce and industry in each region.
During an interview on LBCI’s Nharkom Said TV show, he announced that the ministry would take the Technology Union with it to Expo Dubai, stating that eighty countries participating in the Expo are interested in Lebanese pavilion products.
He said that Lebanon’s exports to the European Union improved by 51 percent compared to last year, but imports exceed exports in general, for two reasons: the global rise in prices and the 'hoarding' that traders have turned to after the increase in the customs dollar.
As for the violations that occur and the possibility of protecting consumers, Abou Haidar explained that the ministry had legally demanded three things: the right to defame violating establishments, an increase in the fine for the violation, and the right to immediate closure if necessary. He also reminded that the ministry had previously closed two unlicensed factories within a campaign with LBCI.
Abou Haidar also pointed out that violations are not limited to foodstuffs only but also include oils and cleaning materials.
Regarding the "Bloomberg" issue, he considered it essential because it provides more transparency by showing supply and demand ratios and thus allows for the unification of the exchange rate of the lira against the US dollar.
Abou Haidar stressed that small depositors have the possibility of retrieving their deposits, but confidence must be earned through accountability first, and then bank restructuring and a "capital control" plan. He also noted that the approval of capital control was obligatory in parallel with the "package" of reforms.
He also called on municipalities to cooperate with the ministry in monitoring prices within their regions, saying that “the authority of the mayor is higher than that of the Minister of Economy."
Lebanon News
Abou Haidar
Bloomberg
Economy
Lebanon
Next
Health Minister addresses UN on pandemic preparedness and solidarity
Gemayel on X: The escalation of incidents will not be in anyone's interest, especially those who fabricate them
Previous
Related Articles
d-none hideMe
0
News Bulletin Reports
2024-04-23
E-governance: Lebanon's Economy Ministry launches online services to expedite procedures
News Bulletin Reports
2024-04-23
E-governance: Lebanon's Economy Ministry launches online services to expedite procedures
0
News Bulletin Reports
2024-03-07
Combatting Money Laundering: Lebanon's Efforts in the Cash Economy
News Bulletin Reports
2024-03-07
Combatting Money Laundering: Lebanon's Efforts in the Cash Economy
0
Lebanon Economy
2024-02-17
S&P maintains negative outlook on Lebanon's local currency ratings, citing Israel-Hamas war's impact on security, economy
Lebanon Economy
2024-02-17
S&P maintains negative outlook on Lebanon's local currency ratings, citing Israel-Hamas war's impact on security, economy
0
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
Recommended For You
d-none hideMe
0
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
0
Israel-Gaza War Updates
15:43
Israel's Chief of Staff reports 'preparing for an offensive in the north'
Israel-Gaza War Updates
15:43
Israel's Chief of Staff reports 'preparing for an offensive in the north'
0
Lebanon News
15:35
Lebanon's compliance with Resolution 1701: Insights from MP Hadi Aboul Hosn's interview on LBCI
Lebanon News
15:35
Lebanon's compliance with Resolution 1701: Insights from MP Hadi Aboul Hosn's interview on LBCI
0
Lebanon News
13:23
ISF arrests six individuals, including notorious minors on TikTok, after reports of sexual assaults
Lebanon News
13:23
ISF arrests six individuals, including notorious minors on TikTok, after reports of sexual assaults
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Middle East News
2024-04-19
Oman condemns 'Israeli attack' on Iran
Middle East News
2024-04-19
Oman condemns 'Israeli attack' on Iran
0
World News
2024-04-23
North Korea conducts first "nuclear trigger" simulation drills
World News
2024-04-23
North Korea conducts first "nuclear trigger" simulation drills
0
Press Highlights
2023-09-11
Kleiat Airport reopening efforts intensify: Economic benefits at stake
Press Highlights
2023-09-11
Kleiat Airport reopening efforts intensify: Economic benefits at stake
0
Lebanon News
2024-04-01
NNA: Israeli aircraft fly over Hermel
Lebanon News
2024-04-01
NNA: Israeli aircraft fly over Hermel
Videos
d-none hideMe
0
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Israel-Gaza War Updates
15:43
Israel's Chief of Staff reports 'preparing for an offensive in the north'
Israel-Gaza War Updates
15:43
Israel's Chief of Staff reports 'preparing for an offensive in the north'
2
Lebanon News
13:23
ISF arrests six individuals, including notorious minors on TikTok, after reports of sexual assaults
Lebanon News
13:23
ISF arrests six individuals, including notorious minors on TikTok, after reports of sexual assaults
3
Lebanon News
05:13
Bechara Asmar to LBCI: Progress hindered in securing rights for Lebanese workers
Lebanon News
05:13
Bechara Asmar to LBCI: Progress hindered in securing rights for Lebanese workers
4
Lebanon News
15:35
Lebanon's compliance with Resolution 1701: Insights from MP Hadi Aboul Hosn's interview on LBCI
Lebanon News
15:35
Lebanon's compliance with Resolution 1701: Insights from MP Hadi Aboul Hosn's interview on LBCI
5
Breaking Headlines
10:27
War casualty update: Israeli army reports 3,330 injuries, 1,602 during ground ops
Breaking Headlines
10:27
War casualty update: Israeli army reports 3,330 injuries, 1,602 during ground ops
6
News Bulletin Reports
12:35
Lebanese-European Agreement on Syrian Refugees to be Announced Thursday
News Bulletin Reports
12:35
Lebanese-European Agreement on Syrian Refugees to be Announced Thursday
7
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
Lebanon News
03:19
Lebanon's Minister Ali Hamie warns of Israeli threat to air navigation safety
8
Lebanon News
07:33
Hankach discusses Syrian refugee crisis with Chairman of Cypriot Parliamentary Committee on Foreign and European Affairs
Lebanon News
07:33
Hankach discusses Syrian refugee crisis with Chairman of Cypriot Parliamentary Committee on Foreign and European Affairs
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More