Lebanon could go dark as cash for electricity runs out
Lebanon could go dark as cash for electricity runs out
BEIRUT – Lebanon’s lights may go off this month because cash for electricity generation is running out, a lawmaker said on Thursday, as the country grapples with a deep economic crisis.
Lebanon’s parliament had approved a $200 million emergency loan to finance fuel imports for power generation in March, but a committee reviewing the loan has yet to approve it.
“We should not forget that starting May 15, gradual darkness will start,” said Nazih Negm, a member of parliament, according to a government statement released after he met the caretaker finance and energy ministers.