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Home Uncategorized Hariri returns as Lebanon's prime minister, pledges to stop country's economic collapse

Hariri returns as Lebanon’s prime minister, pledges to stop country’s economic collapse

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FILE PHOTO: Lebanese members of parliament attend a legislative session in a theatre hall to allow social distancing amid spread of the coronavirus disease (COVID-19), in UNESCO Palace building in Beirut, Lebanon April 21, 2020.
Lebanon faces ‘hell’ if new government isn’t formed, President Aoun warns

Once in office, Hariri will face a combination of devastating political crises, including a banking crisis, plummeting currency, soaring poverty and crippling state debts. On top of that, the new government will have to deal with surging coronavirus cases and the ongoing fallout of the August tragedy.

To help address the issues on the table, Hariri’s government is expected to resume talks with the IMF for a bailout, although the international community earlier cautioned that it was hesitant to provide support before reforms are implemented.

France has proposed the type of cabinet that Hariri is reportedly considering, comprising non-partisan specialists who can focus on working on a roadmap to recovery.

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