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Lebanese imports warn people to be exported | Business and Economic Affairs


Lebanese are struggling to cope with the shortage of oil, from petrol to hospitals, as investors discuss price increases.

Lebanese exporters will run out of hundreds of essential medicines and warn of shortages if the central bank with money does not open.

Lebanese are suffering from water shortages, from petrol to hospitals, as the labor government talks about raising unpaid bills amid what the World Bank says is one of the world’s worst economic crises since the 1850s.

The local currency has lost more than 90% of its value in the black market, but the central bank was providing importers with dollars at the highest government prices to cover a significant portion of the cost of imported drugs.

The drug “exports could almost stop last month”, the importers’ agency said in a statement on Sunday.

“Multiplying hundreds of companies in the treatment of incurable diseases is possible,” it warned. “And more will be left in July if we do not start exporting soon.”

The syndicate says the central bank has not released the money promised to pay foreign donors, who have more than $ 600m in taxes since December, and foreign entrants will not be able to get new loans.

Syndicate head Karim Gebara told AFP news agency that other drugs for heart disease, high blood pressure, diabetes, cancer and multiple sclerosis had already been eliminated.

If nothing happens “the problem will be serious by the end of July”, and confiscate “hundreds of thousands of patients” their medication, he warned.

On Thursday, President Michel Aoun said he, the outgoing ministers and the head of the central bank had agreed to “continue to provide medical and medical care” appointed by the health ministry according to the requirements.

The government has resigned following the explosion of a dangerous port on August 4 last year, but a highly divided political party has failed since it agreed on a new cabinet to take the country out of trouble.


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