Salam: no decision to lift the subsidies on the bread bundle

Salam: no decision to lift the subsidies on the bread bundle

| Tuesday 19 September 2023

Grand Mufti Sheikh Abdellatif Derian met with Caretaker Minister of Economy, Amine Salam, in Dar-al-Fatwa on Tuesday.

Salam emphasized that things are not going well in the country, "the economy is unwell," he warned, stressing the obligation to endorse the reformist laws.

He noted that while the private sector is doing relatively well with some activity in the country, it cannot be said that the economy is doing well as the public sector in the country is paralyzed and collapsing.

Salam expressed his concern about the situation of public sector employees, describing it as "unenviable," and also mentioned that the banking sector is "paralyzed."

He warned against heading towards a worse situation if the current path continues without reform measures and the activation of constitutional institutions and positions.

Regarding reports of lifting subsidies on bread, he clarified that these reports are misleading, as the World Bank loan is ongoing, and wheat continues to arrive in Lebanon.

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