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Lebanon

Lebanon Holds Seventh Meeting with IMF

Lebanese Ministry of Finance announced that the seventh meeting with the International Monetary Fund was held on Wednesday. “The Lebanese negotiating delegation, chaired by Finance Minister Ghazi Wazni, held its seventh meeting with the International Monetary Fund,” the Media Office of the said in a statement. BDL Governor, Riad Salameh ...

May 27, 2020

Lebanon

Lebanon Starts Formal Talks with IMF over Financial Recovery Plan

The Lebanese Ministry of Finance announced on Wednesday that the government has started formal negotiations with the International Monetary Fund (IMF) on financial recovery plan. “The Lebanese government has kicked off today formal negotiations with the International Monetary Fund to discuss the financial recovery plan set by the government,” the ...

May 13, 2020

Lebanon

Lebanon: Heads of Parliamentary Blocs Offer Support to Gov’t Financial Plan

Heads of Lebanese parliamentary blocs offered support on Wednesday to the financial recovery plan approved by the Government last week. During a gathering chaired by President Michel Aoun at Baabda Presidential Palace, participants welcomed the plan after discussing it, Lebanese Presidency Director General Antoine Choucair said in a statement after ...

May 6, 2020

Lebanon

President Aoun: 30-Year Crisis Can’t Be Resolved Overnight

President Michel Aoun said the Lebanese government cannot resolve large-scale political and economic issues that have been developing in the country throughout the past 30 years in one stroke In an interview with Sputnik, President Aoun called on Lebanese citizens to closely observe further developments. “I hope that all the ...

May 2, 2020

Lebanon

Lebanese Cabinet Approves Economic Plan: “Move on the Right Track”

Lebanese President Michel Aoun and Prime Minister Hassan Diab hailed the economic rescue plan as the Cabinet unanimously approved it on Thursday. Lebanese media reported that the cabinet unanimously approved a long-awaited economic rescue plan during a session headed by President Aoun at Baabda Presidential Palace. In remarks at the ...

April 30, 2020

Lebanon

Lebanon Approves Five-phase Plan to Ease Coronavirus Lockdown

Lebanese cabinet on Friday approved a five-phase plan to reopen the country after a lockdown aimed at stemming the outbreak of coronavirus. After approving a draft decree aimed at extending the declaration of public mobilization, announced on March 15, for two more weeks, the cabinet endorsed a plan to open ...

April 25, 2020

Lebanon

Lebanon’s New Government Announced, Hariri Vows Economic Reforms

Eight months of deadlock ended on Thursday evening as Lebanon’s presidency announced the formation of a new national unity government. A new 30-member government to be led by Prime Minister Saad Hariri was unveiled during a press conference at the presidential palace in the capital, Beirut, after rival political factions ...

January 31, 2019

Lebanon

Cabinet Formation: Undue Delay, No Positive Developments

The Cabinet formation process has witnessed no positive developments and the current increasing complications are delaying the creation of the new government until early 2019. Any of the parties has not shown any intentions or willingness to make concessions regarding its demands. All parties were still clinging to their demands, ...

October 31, 2018

Lebanon

Hariri Meets Aoun: Agree to Speed Up Cabinet File

Lebanese Prime Minister-designate Saad Hariri said he was very optimistic about the government formation, after meeting with President Michel Aoun at Baabda Palace Wednesday afternoon to discuss the stalled talks on Cabinet formation. “I’m very optimistic and I agreed with President Aoun on speeding up the Cabinet file because of ...

October 3, 2018

Lebanon

Sayyed Nasrallah, Bassil Hold Lengthy Talk on Government, Corruption

Hezbollah Secretary General Sayyed Hasan Nasrallah held a lengthy meeting on Friday night with the head of the Free Patriotic Movement, Minister Gebran Bassil, in the presence of Hezbollah’s liaison and coordination unit head, Haj Wafiq Safa. The meeting tackled both domestic and international affairs, and evaluated the recent parliamentary ...

June 3, 2018