Economic Bodies Food Security Panel Calls for Abolishing 3% Environmental Fee

The article focuses on the meeting of the Food Security Committee within Lebanon's economic agencies, led by former Minister Mohamed Shuqeir, to discuss the challenges of food security in the country. The participants examined the impact of rising fuel prices, maritime shipping costs, and regional tensions on import and production expenses. They observed a limited increase in the prices of some food items, ranging between 5 to 7 percent. The officials emphasized the need to take measures to curb cost increases by eliminating import and environmental fees and reducing taxes imposed on institutions, in order to strengthen their resilience and help them withstand economic pressures on essential food commodities such as meat, dairy, and eggs. They also underscored the importance of continuous meetings to develop proposals for lowering costs and stabilizing food prices.

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