In a new bust from the properties of Lebanese Forces party official Ibrahim Sakr, the Lebanese army found a tank containing 54,000 liters of diesel and a 12-ton cooking gas tank. The seizures were confiscated.

https://laf.page.link/2kTy

10's of people gathered in downtown Beirut's Gibran Khalil Gibran Park to protest cancer patients' inability to obtain medication required for their treatment owing to drug shortages in the country.

About 220 thousand beneficiaries per month receive remittances from their families abroad through Western Union.

The total value of incoming transfers from abroad per month is about 120 million USD.

70% of these transfers are worth less than $500.

The Lebanese Ministry of Energy: "Emirates National Oil" wins the first tender to replace 84,000 tons of crude oil from Iraq (for something useful in Lebanon).

Full details: https://bintjbeil.org/post/44936/

Minister of the Displaced in the caretaker government Ghada Shreim:

- The average rate for the financial aid card will be 93 US dollars, and it can reach 127 dollars, depending on the number of family members

- Will benefit whoever has less than 10 thousand dollars in the bank

After reports that OMT will pay WU money transfers half USD half LBP, the Central Bank Governor Riad Salameh temporarily froze his decision to take the USD (OMT; BOB FINANCE...), provided that a decision is issued later regarding this. (Al-Akhbar)

Basically, the Central Bank is looking to buy USD, forcing people receiving USD from their families abroad through WU or similar money transfer offices to sell half of their received balance at a rate decided by the central bank.

They did this early in 2020, but then they forced people to sell the whole balance at a rate 1/4th of the actual black market rate.

The General Secretariat of the House of Representatives: The judicial investigator's request to subpoena PM Diab is not under the jurisdiction of the normal judiciary according to the constitution. https://twitter.com/LebUpdate/status/1430848092648185857

In a new circulatory by the Central Bank, and against the order of the presidency and premiership, fuel will be priced at the Sayrafa platform rate (close to the black market rate).

Baby formula, raw materials for factories, and medicines will be subsidized at 1,507 LBP

Governmental sources: A Lebanese ministerial delegation will soon visit Damascus, Amman and Cairo to discuss the import of electricity to Lebanon.

Reports that the central bank will raise the dollar exchange rate at banks for monthly withdrawals from 3,900 LL up to 10,000 LL due to the rise in the black market exchange rate to 20,000 LL.

The decision will be taken by the Committee on Finance and Budget next week if it is approved.

Minister of Health Hamad Hassan raided a medicine warehouse in Fayadiya, east of Beirut, containing large quantities of hoarded medicines.