Lebanese parliament confirms election date as March 27

Lebanon's parliament on Tuesday voted to hold legislative elections on March 27, parliamentary sources told Reuters.

The earlier than usual date - elections were originally expected to be held in May - was being debated in order not to clash with the holy Islamic fasting month of Ramadan. It means Prime Minister Najib Mikati's government has just a few months left in office as it tries to agree a financial recovery plan with the International Monetary Fund (IMF) amidst a deepening economic meltdown.

Once a new parliament is elected, the Mikati cabinet will only act in a caretaker role until a new prime minister is given a vote of confidence and tasked with forming a new government.

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