Left Menu
Development News Edition

UPDATE 1-Lebanon on brink of forming government - caretaker finance minister

Reuters | Beirut | Updated: 16-01-2020 20:34 IST | Created: 16-01-2020 20:24 IST
UPDATE 1-Lebanon on brink of forming government - caretaker finance minister
Representative image Image Credit: Wikipedia

Lebanon is on the brink of forming a new government, caretaker finance minister Ali Hassan Khalil said on Thursday.

Lebanon has been without a government since Saad al-Hariri resigned as prime minister on Oct. 29 in the face of sweeping protests against the country's elite, complicating efforts to mount a recovery from a deep economic crisis. "Today I think that we have progressed to a very big extent and we can say that we are on the doorstep of forming a new government," said Khalil.

He said the new cabinet would be comprised of 18 specialist ministers. Protesters who blame the country's elite for endemic corruption have demanded that any new government be made up of technocrats. Last month Hassan Diab, a little-known former minister, was designated as premier to form a new government after the failure of efforts to forge a deal for the return of Hariri, an ally of the West and Gulf Arab states.

Khalil was speaking to reporters after a meeting between Diab and parliament speaker Nabih Berri. Lebanon is hoping to form a new government that can enact swift reforms and convinces donor countries to release previously pledged financial support.



New farm bills in India: Focusing on farms or farmers?

... ...

Kenya’s COVID-19 response: Chaos amid lack of information

Confusing numbers and scanty information on how effective curfews and lockdowns have been in breaking transmission have amplified coordination and planning challenges in Kenyas response to COVID-19. Without accurate data, it is impossible t...

Farkhad Akhmedov: Calculating the price of impunity from the law

In insistences such as the battle over the Luna, Akhmedov has resorted to extreme legal machinations to subvert the High Courts decision and keep his assets from being seized. ...

Guinea’s elections hearken back to the autocracy and violence of its past

... ...


Latest News

Rallis India shares decline over 4 pc after earnings disappointment

Shares of Rallis India, a subsidiary of Tata Chemicals, on Tuesday tanked over 4 per cent after the company posted a 2 per cent decline in consolidated profit after tax after exceptional items during the September 2020 quarter. The stock ta...

'No Entry' boards placed outside pandals in West Bengal after court order

No Entry boards were placed outside Puja pandals in the Police Line area of Birbhum on Tuesday after Calcutta High Court declared pandals no-entry zones for the visitors in West Bengal in view of the ongoing pandemic. According to the court...

"Extremely damaging" no deal in Brexit trade talks would cut Bentley's profits

Failure to strike a Brexit trade deal with the EU would be extremely damaging and cut profits by up to a quarter at carmaker Bentley, its boss told Reuters, as the government urges firms to plan for potential disruption. Britain said on Mon...

Howzat: India’s Fastest-Growing Fantasy Cricket App

Howzat, which was introduced amid much fanfare, has been at the forefront of fantasy gaming with its user base growing exponentially over the past year.Fantasy sports have emerged as one of the main sources of entertainment in recent times ...

Give Feedback