AGP Executive Report
Last update: 11 hours agoFuel Costs: Lebanon recorded the world’s second-biggest diesel price rise, up 73.6% between February and August, UNCTAD reported, as global energy disruptions pushed costs higher. Electricity: Energy Minister Joe Saddi is weighing resignation amid a dispute over funding Electricité du Liban: the utility needs $250 million in state payments, while a proposed $50 million credit falls short. The government has also signed amended power-purchase agreements for two solar projects and plans three-year solar loans under the 2027 budget. Infrastructure: The prime minister has outlined plans for cheaper power and more than 250 new buses. Beirut and Tripoli ports have also joined a wider trade network through the IMEC Ports Club.
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