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Brax: No decision to lift subsidies on fuel

09-08-2021 | 12:11

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Brax: No decision to lift subsidies on fuel

Member of the Syndicate of Petrol Station Owners in Lebanon George Brax denied that there was a decision to lift subsidies on fuel, noting that such decision has negative repercussions and cannot take place overnight.

He also considered that such a matter requires a major political decision in agreement between the Authority and the Central Bank.

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Georges Brax

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