Prime Minister Saad Hariri on Wednesday promised that his government will devise an electricity plan within three months, as Parliament approved a law authorizing the government to borrow funds in foreign currencies.
LBCI television said Hariri demanded slashing a loan requested for power generation to “LBP 794 billion over three months” pending the finalization of the electricity plan.
Parliament Speaker Nabih Berri meanwhile stressed the need to “appoint members for the electricity board of directors and a regulatory commission” and to “hold a session to grill the government every month.”
Parliament also approved a draft law authorizing Government to borrow in foreign currencies after appeals from Hariri and Tripoli MP and ex-PM Najib Miqati.