Middle East Economic Survey
VOL. LIII
No 28
12-Jul-2010
Lebanon Pushes Reform Plan For Its Troubled Power Sector
The Lebanese power sector has been in a long state of crisis due to high costs and inadequate generation capacity and is now at a critical stage. Technical and non-technical losses, associated with a poor system of bill collection, led in 2009 to total losses of more than $300mn (about 40% of potential earnings), according to government figures. This has resulted in a massive drain on...
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