Electricity Authority releases billing report

The article discusses the crisis facing the Lebanon Electric Corporation and the overdue bills that various government departments and public institutions have not settled. On the first day of the deadline set for paying the outstanding amounts, no payments were made. The problem extends beyond legal and regulatory issues, as the corporation has delayed issuing bills for years, leading to chaos in accounting records and overlapping debts between the corporation and the state. Additionally, previous financial reserves have been eroded due to the rise in global oil prices. The article notes that the proposed measures, such as cutting off power, are a result of ongoing payment delays. However, a solution requires a comprehensive review of the public accounts and greater transparency in spending. It also emphasizes that, legally and financially, the deadline is very short and inappropriate given the circumstances, highlighting the need for a clear accounting system to define responsibilities between the corporation and the government.

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