Market turmoil prompts actions

Economy Minister Amer Al-Bassat spoke about the issue of rising living costs in Lebanon, explaining that the increase in global oil prices is causing price hikes. However, the market is also suffering from instability that requires oversight through on-the-ground monitoring. He stated that 17,500 inspections have been carried out by 40 inspectors, with notices issued against violators, but emphasized that the problem cannot be solved through regulation alone. Additional measures are needed to address the worsening economic challenge.

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