Lebanon’s MEA reverses transfer to cost in {dollars}

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Lebanon’s MEA reverses transfer to cost in {dollars}

Recasts after resolution reversed


Recasts after resolution reversed

BEIRUT, Feb 16 (Reuters)Lebanon’s state-owned service Center East Airways (MEA) reversed a call to just accept fee solely in U.S. {dollars} after a backlash on Sunday, Lebanese media and an MEA supply stated.

The choice was taken as Lebanon grapples with a international foreign money liquidity disaster that has led the Lebanese pound to lose greater than a 3rd of its worth towards the greenback.

Information of the choice, which was first reported late on Saturday, drew dozens of individuals to MEA’s ticket workplace at Beirut airport the place they tried to purchase tickets in Lebanese kilos earlier than the choice was on account of take impact on Monday.

Former international minister Gebran Bassil had earlier declared the choice unlawful. Writing on Twitter, parliamentarian Fouad Makhzoumi stated the transfer put the Lebanese underneath efficient “home arrest” and should be cancelled.

President Michel Aoun stated airfares ought to be priced in Lebanese kilos…



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