Lebanese Republic 
Minister of Economy and Trade held today at noon a joint meeting with Minister of Interior and Municipalities Nouhad Machnouk
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Minister of Economy and Trade held today at noon a joint meeting with Minister of Interior and Municipalities Nouhad Machnouk at the Ministry of Economy with the presence of the Director General Alia Abbas during which discussions tackled the issues of electricity generators and the joint cooperation between Ministry of Economy and Trade and Ministry of Interior and Municipalities in order to implement the relevant laws and regulations.
On his turn, Minister of Economy and Trade Raed Khoury stressed the importance of the cooperation between Ministries of Economy and Energy in terms of the tariff, stating that “As a government, we consider the generators’ tariff fair, in particular after extended studies have been made by Minister of Energy and his team work. We said from the first day that the decision should be implemented, still the tariff is negotiable. We cannot deduct the profits and losses from this point because the reality shows that each generator has its case and each village has its own case too”.
Minister Khoury added: “We were extremely positive and strict at the same time. We are exerting our best efforts to apply this decision across Lebanon. For this purpose, we started our task as from Monday accompanied by a security support and the presence of Minister of Interior with us confirms what we are saying. The generators owners should comply with the decision since it is inevitable. We have to be patient and things will get back on track. In the event any generators are incurring losses, which is not the case, things will get better according to the field studies and the new regulation. It is to mention that the electricity meter is not experimented yet, what I mean is that the consumer was randomly consuming a large amount of power while today he will enjoy electricity saving. However, this saving will remain unpredictable for the generator owner. To conclude, the new tariff is 410 LBP with a margin of 10% reaching 450 LBP, which it is estimated to be restructured once the decision is enforced on the ground.”
