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2023-06-29 12:58:00

The IMF expects the Lebanese public debt to rise to 550% by 2027

Dubai – Al Arabiya.net

Posted on: June 29, 2023: 04:58 PM GST Last updated: June 29, 2023: 05:25 PM GST

The International Monetary Fund said today, Thursday, that depositors in Lebanon have lost $10 billion since 2020.

The IMF expected the Lebanese public debt to rise to 550% by 2027.

The IMF added that the economic situation in Lebanon will be exacerbated by resistance to reforms.

He explained that personal interests in Lebanon impede the required reforms.

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#Depositors #Lebanon #lost #billion

2023-06-29 11:18:00

The Egyptian state is working to alleviate the burdens of citizens, especially the most vulnerable groups, and therefore the government is making double efforts under the directives of President Abdel Fattah El-Sisi, with the aim of directing support to those who deserve it from these groups, and working to increase financial allocations for them, whether in food commodities, or social protection allocations. . In this context, the government begins to increase support ration goods Starting from the new fiscal year 2023/2024, within the framework of the President’s directives to expand the circle of social protection and mitigate the effects of economic conditions.

The new budget approved an increase in subsidies for food commodities, as allocations increased Support for food commoditiesIn the state’s general budget for the fiscal year 2023/2024, it amounted to regarding 37 billion pounds, as it recorded 127 billion and 700 million pounds, compared to regarding 90 billion pounds for the previous fiscal year 2022/23, according to what came in the financial statement of the new year’s budget, which referred to a group One of the assumptions within which allocations for subsidizing food commodities were determined is the quantities of wheat required to be provided, which amount to regarding 8.25 million tons of wheat, of which 7.6 million tons of wheat to provide 93.5 billion loaves, in addition to 544 thousand tons of wheat to provide warehouse flour.

Food commodities price list July 2023

As for the Food price listFor the month of July 2023, announced by the Ministry of Supply, it included 23 commodities spent on ration cards, and the price list came as follows:

The price of 500 gm crushed lentils is 21 pounds. The price of 500 gm canned beans is 9.00 pounds. The price of 800 gm pasta is 13.00 pounds. The price of 400 gm pasta is 6.5 pounds. The price of 800 gm of industrial buttermilk is 36 pounds. The price of a 300 gm bag of table salt is 1.25 pounds. The price of dry milk 125 grams 25.5 pounds. The price of white tahini, 140 grams, 3.75 pounds. The price of 350 grams of jam, 16 pounds. The price of crumbled tuna, weighing 140 grams, 18 pounds. The price of 1 kg of sugar is 12.60 pounds. The price of 1 kg of packed rice is 12.60 pounds. The price of oil. Mixed oil 800 ml 30 pounds The price of 1 kg of packaged flour, paper or plastic, 18.00 pounds The price of instant coffee 18 gm 4 pounds The price of a box of chicken stock 6 pounds The price of 300 gm sauce 8 pounds The price of plain yooz biscuits is 1 and a half pounds. Yoyos wafer biscuits 2.75 pounds, the price of tomorrow biscuits 3 pounds, the price of sauce 300 grams 8 pounds, the price of soft tea 40 grams 5 pounds, the price of pooh biscuits 3.75 pounds, the price of white cheese weighing 125 grams 4.5 pounds, the price of Tetra Pak cheese 500 grams 14 pounds. The price of 250 gm Tetra Pak cheese is 7.50 pounds. The price of a plain 40 gm halva bar is 3 pounds. The price of an automatic powder 800 kg is 25 pounds. The price of a regular manual powder 800 gm is 16 pounds. The price of a bag of 80 gm dishwashing liquid is 3 pounds. The price of soap 125 gm laundry detergent 3 pounds. The price of toilet soap 125 gm 7.50 pounds. The price of 5% vinegar 900 ml 6 pounds.

For his part, Dr. Ali Al-Moselhy, Minister of Supply and Internal Trade, issued a decision specifying the per capita share of food commodities spent on ration cards, as follows:

Dispensing an 800 ml bottle of oil for each person on the ration card, with a maximum of 4 bottles on the card. Dispensing 1 kilogram of sugar for each person according to his needs, with a maximum of 6 kilograms on the card. Dispensing 1 kilogram of rice for the card whose number is less than 4 people, and dispensing 2 A kilogram of rice for a card of 4 or more people, or a package of pasta of 800 grams for a card of less than 4 people, and 2 packages of 800 grams for a card of 4 or more people.

Increase support allocations in the budget

As for the subsidy allocations in the new budget, the subsidy for the loaf of bread increased for regarding 70 million people, at a cost of regarding 83 billion and 619 million pounds, and the packing of warehouse flour by regarding 5 billion and 375 million pounds, and with regard to the number of beneficiaries of subsidizing food commodities, it amounted to regarding 62.2 One million individuals, each of whom is entitled to 50 pounds for 4 residents on the card, and what exceeds that is 25 pounds per person per month.

As for the fourth factor according to which the allocations for ration commodities came in the new budget, it is the increase in the price of supplying irdab wheat to 1500 pounds, compared to 820 pounds in the previous year 2022, and thus the total increase in the price of wheat supply is regarding 70%, and this increase came to encourage farmers to increase the amount Supply, as well as in light of the current global conditions and events, which were imposed by the Russian-Ukrainian crisis, which affected the prices of strategic commodities, especially the price of wheat.

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#Rice #sugar #oil #30..increased #subsidies #food #commodities..and #July #price #list

2023-06-29 13:04:02

New Salad Lineup Doubles Up On Protein & Doubles Down On Freshness For A Must-Try Summer Meal

COSTA MESA, Calif., June 29, 2023 (GLOBE NEWSWIRE) — Crazy ChickenInc. (“El Pollo Loco” or “Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, is making the case for salads that satiate you this summer with the introduction of a brand-new lineup of Double Chicken Chopped Salads. Packed with protein and piled high with freshly prepared ingredients, these salads are the ideal portable meal to accompany all your favorite summer activities. What’s the secret sauce? The answer is simple – El Pollo Loco’s famously delicious fire-grilled pollo.

“The heat of summer has our customers craving crisp, fresh salad options but, in true El Pollo Loco fashion, we never compromise on bold flavor and protein,” said Heather Gardea, Vice President of Research and Development. “Our Double Chicken Chopped Salads with super greens are the perfect entrée for enjoying what fans love most regarding our menu – our famous fire-grilled chicken – in a lighter offering that satisfies.”

El Pollo Loco’s lineup of Double Chicken Chopped Salads includes:

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