Lebanon

After Electricity: Will Communication Prices Rise Again?

After Electricity: Will Communication Prices Rise Again?

Price increases continue across all sectors, with the latest being the new state electricity tariff before securing at least two hours of service per day. There are reports of a potential new increase in communication prices. In this context, the Director General of "Ogero," Imad Kreidieh, confirmed that there will be no increase in communication tariffs at this time, explaining that the majority of costs are in dollars, meaning that revenue value has decreased by 50 percent. He noted that they are "struggling" to obtain spare parts, but any future adjustment to the tariff requires a decision from the Council of Ministers. He revealed that the salaries of "Ogero" employees make up less than 6 percent of the agency's operational expenses, urging the involvement of the private sector in public sector development. He stated, "Increasing the tariff is not related to the expenditure mechanism, and we cannot release funds unless voted on in the Parliament. We are still operating on the twelfth base, and 80 percent of the advances we receive go towards financing energy for service continuity, and we are still paying suppliers."

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