Lebanon hikes fuel prices to shore up forex reserves
FRANCE24, 30 Jun 2021
#Lebanon hiked #fuel prices by more than 30 percent Tuesday as it reduced subsidies that have eaten away at the central bank's foreign #currency reserves amid a painful economic #crisis. Petrol and diesel prices went up sharply, according to a revised price list published by the official National News Agency (NNA), in a week when a steep currency devaluation sparked angry street #protests.
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