Lebanon: PM-designate promises govt as soon as possible

Country in full economic collapse

28 July, 12:14

    (ANSAmed) - BEIRUT, 28 LUG - Lebanon's new prime minister-designate, Najib Mikati, promised to form a new government as quickly as possible, following a marathon of consultations with the major political blocs, as the country faces a complete economic collapse.

    With a net worth estimated at 2.7 billion dollars according to Forbes, the 65-year-old businessman is seen by many Lebanese as the symbol of power accused of corruption and nepotism and is suspected of having become wealthy in an illegal way.

    Lebanon has been run for a year by the government of Hassan Diab, in charge of current affairs after he resigned in the aftermath of the gigantic explosion in the port of Beirut on 4 August 2020 in which over 200 people died.

    The institutional vacuum has so far prevented any attempt at a financial rescue plan for the country. (ANSAmed).

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