AGP Executive Report
Last update: 7 hours agoFuel Shock: Lebanon recorded a 73.6% rise in diesel prices from February to August, the world’s second-steepest increase, UNCTAD reported. Higher energy costs are squeezing households and businesses. Economic Measures: Prime Minister Nawaf Salam has outlined plans for cheaper power, more than 250 new buses and tougher tax collection, while also pledging to protect monetary stability and purchasing power. EU Support: Brussels is preparing a security mission to advise Lebanon’s armed and internal security forces as UN peacekeepers prepare to withdraw; approval is expected to be considered on October 12. Recovery at Risk: A fresh Israeli drone strike in eastern Lebanon injured six people, underscoring the fragile security environment as a US-brokered framework links military steps with reconstruction and economic recovery.
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