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January 2020 - Adnan Kabbani

Monthly Archives: January 2020

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Due to the economic instability in the country resulted with a lack of liquidity in hard currency,The Internet is at risk of being stopped in Lebanon if no payments in dollars is secured for international suppliers. Mr.Imad Kreidie chairman of Ogero (The fixed infrastructure operator in Lebanon) has stated in a press conference that an amount of 4 million dollars should be paid by the end of march that to keep the internet connection ongoing and to avert disconnection . To keep an eye that all sectors are suffering from the lack Hard currency needed in order to perform payments . since all the imported parts and installation equipment’s are paid in dollars and many businesses have been affected from this so far. We hope to find quick solutions to this crisis and avoid a new problem that the country is experiencing, including electricity, water, and others things right.