Geagea Says LF Vote on Budget Conditioned to Privatization of Electricity
Lebanese Forces chief Samir Geagea emphasized on Monday that party ministers and lawmakers will not vote in favor of the draft budget plan if it does not include the privatization of the state-run electricity sector.
“I assure you, the Lebanese Forces' ministers and lawmakers will not vote for the budget without privatizing the electricity sector,” Geagea told LBCI.
“The privatization of the electricity sector will help us save $ 1.5 billion” he said, stressing that the country will be supplied with electricity 24/24 without additional expenses if this decision is taken.
He stressed that the Lebanese Forces' position is clear and firm because it benefits the people at the electricity level, and benefits the state at the financial level.
Three cabinet sessions are scheduled this week to discuss and approve the long-stalled state budget.
Due to political wrangling between the rival political parties, Lebanon has not approved a budget since 2005.
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