Electricity Authority owes 217M in overdue debt

The article explains that there are outstanding financial dues totaling approximately $216.95 million owed by Lebanese government institutions to the Lebanese Electricity Corporation. These are payable from November 2022 through the end of 2025. Minister of Energy and Water, Jo Choueiry, called on the government to promptly settle these dues starting next week, in order to address rising oil prices and ensure the continued operation of the electricity sector. He emphasized that these amounts are not debts or loans but are amounts owed by government institutions, and he urged the government to pay around $50 million per month; otherwise, the corporation will take further measures.

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