Food In Lebanon Will Be Priced In USD Starting Next Week

Caretaker Minister of Economy and Trade, Amin Salam, confirmed that the decision to price foodstuffs in US dollars will begin early next week.

He stated this after his meeting with Maronite Patriarch Rahi and informed that a cabinet session will be held either on Tuesday or Wednesday.

Meanwhile, the Head of Supermarket Owners Syndicate, Nabil Fahd, spoke to MTV about the decision and stated that there will be no changes for the citizens when it comes to payments in supermarkets.

He went on to say that pricing in dollars will actually benefit the consumer and create competition.

Lebanon is currently facing a severe economic crisis, which has been exacerbated by political instability, high levels of public debt, and declining economic growth.

The country’s currency, the Lebanese lira, has experienced rapid depreciation, leading to high inflation and shortages of basic goods.

The crisis has had a major impact on the everyday lives of Lebanese citizens, with many struggling to afford basic necessities and access to essential services such as healthcare and education becoming increasingly difficult.

The government has been unable to address the crisis effectively, leading to widespread protests and calls for change.

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