Lebanon's central bank lifts subsidies on fuel imports: governor
BEIRUT, Aug. 11 (Xinhua) -- Lebanon's Central Bank Governor Riad Salameh announced on Wednesday that the central bank will lift subsidies on fuel imports, al-Jadeed local TV channel reported.
"The Central Bank of Lebanon can no longer open lines of credit for fuel imports or subsidize its purchase," Salameh said.
Under the new decision, fuel importers have to buy the U.S. dollars from the black market at