SAWT BEIRUT INTERNATIONAL

| 8 December 2022, Thursday |

Are we heading to “dollarization” of gasoline?

The representative of fuel distributors, Fadi Abu Chakra, ruled out dollarizing gasoline according to the dollar’s exchange rate on the black market, because in his opinion, the caretaker Prime Minister Najib Mikati is too smart to decide on the issue, warning against such a decision.

Abu Chakra added in an interview with “Sawt Beirut International” that the fuel prices, whether they are according to the “exchange” price or not, the citizen can no longer afford it, and the institutions are bankrupt and the owners of the stations as well as the distributors can no longer secure the price of fuel.

    Source:
  • Sawt Beirut International