Bassil Reportedly Approves Proposal to End Electricity Standoff

W300

A ministerial meeting aimed at finding a solution to the electricity crisis is expected to be held at the Grand Serail on Monday after allegedly progress was made on a proposal to end the standoff.

Ministerial sources told pan-Arab daily al-Hayat on Tuesday that during a previous meeting under Premier Najib Miqati at the Grand Serail, several suggestions were made to end the dispute on a draft law proposed by Free Patriotic Movement leader Michel Aoun that calls for allocating $1.2 billion to Energy Minister Jebran Bassil.

Ministers Mohammed Fneish, Mohammed Safadi, Nicolas Nahhas, Wael Abou Faour, Ghazi Aridi and Ali Hassan Khalil attended the meeting on Monday. Bassil wasn’t present at the talks.

However, al-Hayat’s sources said that Bassil agreed to a proposal to allow Electricite de France to oversee the project along with an electricity regulatory authority rather than forming a technical committee to supervise the implementation of the plan.

The electricity crisis erupted after ministers loyal to Progressive Socialist Party leader Walid Jumblat refused to allow Bassil to spend the $1.2 billion funds without any supervision. They suggested the formation of the technical committee.

Other suggestions made at the meeting included the formation of the electricity regulatory authority similar to other sectors, allowing the private sector to play a role in the implementation of the project, spending around $265 million from the treasury for the first stage of the plan and then use Arab and Islamic funds for the rest of the project.

The funding suggestion came after Finance Minister Mohammed Safadi said that the state treasury is not capable of funding the project in a single step.

A ministerial source said, however, that the adoption of the proposals is awaiting the final answer of Bassil and Aoun.

Comments 5
Missing moonsear over 12 years

great, so the want us to remain the slaves of foreign countries. Fantastic

Default-user-icon bigdig (Guest) over 12 years

iMBassil has basically been informed by Fneish that he should abide by his papi's sugar daddy and employer Nasrallah's request to shut up and accept the Electricity plan with the amendments to allow Electricite de France to oversee the project along with an electricity regulatory authority and to stop with the stupid threats "you dependent impotent loser" he was quoted to say . We are seeing the result in the news as you can see .

Default-user-icon onebeer (Guest) over 12 years

We are already the slaves of other countries. We might as well get something positive out of it.

Default-user-icon Beiruti (Guest) over 12 years

So he'll have the French oversee how he spends the money, but not the Lebanese auditors. What a piece of sh*t this guy is. Easier to cheat and steal with the foreigners than with fellow countrymen looking.

Default-user-icon proGMA (Guest) over 12 years

Him and his "uncle" will have to accept to share 50-50 ... How can they dare say they are against corruption ???