Lebanon\'s Government Finally Gets around to Buying Tobacco

Published January 7th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Lebanese government-backed "Regie Libanaise des Tabacs et Tambacs" began its annual tobacco purchase Friday, almost a month later than originally scheduled, The Daily Star reported. 

According to the group, the wait was due to the Finance Ministry’s delayed allocation of a tobacco budget.  

In the North, 1.6 million kilograms of tobacco were delivered to the Regie. Prices received by farmers were similar to last year, ranging from LL4,500 to LL15,950 a kilo, depending on the crop type and quality, said the paper, noting that in the company bought in the South 5 million kilograms of tobacco.  

Meanwhile, the Bekaa’s full quota of 2.8 million kilos is expected to be sold within the next few weeks, the daily said -- Albawaba.com

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content