Why we should sell Lebanon's state-owned power company and how?

If these measures are implemented, EDL will become efficient and profitable instead of costing $1.5 billion in subsidies each year.
by Rabih Sfeir

17 February 2020 | 13:44

Source: by Annahar

  • by Rabih Sfeir
  • Source: Annahar
  • Last update: 17 February 2020 | 13:44

In this Monday Dec. 30, 2019 file photo, a woman holds up a stack of U.S. dollars she withdrew from a branch of Bank Audi while it was occupied by anti-government protesters, in Beirut, Lebanon. (AP Photo)

Privatization plans can expect opposition from politicians, hostility within the industries to be privatized, resistance from the financial community, and bewilderment in the population as a whole,...
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