Naharnet

Mikati says ready to pay Primesouth overdue fees 'out of his own pocket'

Caretaker Prime Minister Najib Mikati has pledged to pay $7.5 million out of the Primesouth’ overdue fees in return for an instant activation of the al-Zahrani and Deir Amar power plants "even if he has to pay for it out of his own pocket", al-Akhbar newspaper reported Friday.

Primesouth, the company that operates the al-Zahrani and Deir Amar power plants, resumed its services Thursday after a short outage.

MTV said the fees would be paid from the funds Lebanon received from the International Monetary Fund as part of the Special Drawing Rights (SDR) program, as acting Central Bank Governor Wassim Mansouri refused to pay from the bank’s reserves.

In a crisis-hit country that heavily relies on power generators, the outage resulting from the services suspension had threatened to disrupt operations at the Rafik Hariri International Airport, the Port of Beirut and other key state facilities.

Source: Naharnet


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