SAWT BEIRUT INTERNATIONAL

| 18 August 2022, Thursday |

Customs dollar: disaster or solution?

6000, 12000, 15000, exchange dollars, or even the parallel market dollar.. It is not important.. The important thing is that the Lebanese today are facing a reality from which there is no escape. Raising the customs dollar to bear living disasters again beyond the ability to bear, at a time when his salary is still for days when the exchange rate of the dollar was 1500 Lebanese pounds..

The decree was not originally duly issued under a resigned government, but rather followed the “road of exception through roving decrees.” It began with its signature by Finance Minister Youssef Khalil and the caretaker prime minister, Najib Mikati, and was sent to President Michel Aoun, awaiting his signature.

The declared argument for raising the customs dollar, according to them, is to increase state revenues and improve public sector wages. Will the desired results actually be achieved, especially since it is not accompanied by the adoption of a comprehensive rescue plan with a basket of integrated reforms?

Anyway, about 500 food and pharmaceutical commodities will be exempted from the customs dollar, which will be applied to luxuries only and not to basic life matters… We hope that it will be an actual solution to the crisis and this is not a new way to mislead and laugh at public opinion.

 

    Source:
  • Sawt Beirut International