Article author:
Reuters
Beirut — Lebanese caretaker Najib Mikati faces the challenge of forming a new government as a celebration of the country's catastrophic financial crisis, and after gaining sufficient support from lawmakers, he will return to the prime minister on Thursday. Will be nominated for.
Sunni billionaires are 128 members of parliament, according to Reuters data, including Iran-backed Shiite Muslim party Hezbollah, in talks convened by President Michel Aoun. We secured the support of at least 50 of them.
However, due to the deepening division among the Lebanese ruling classes, Mikati struggled to form a government and the IMF agreed to reform to release aid. It is widely believed to cause political paralysis that can interfere.
Now in its third year, the meltdown has sunk more than 90% of currencies, increased poverty, paralyzed the financial system and frozen depositors from savings. war.
Mikati, who has already served as prime minister three times, will continue to serve as his caretaker until the government is formed. This process usually lasts for several months, as political factions share the roles of the Cabinet and beyond.
Analysts and politicians urge Aung, the head of state of Maronite Christianity in Hezbollah, to replace Aung when his term ends on October 31st. We anticipate that the upcoming struggle will further complicate this cabinet formation process.
The parliament to elect the new president was severely broken in last month's general election. Hezbollah and his allies, heavily armed, lost a majority, reform-minded newcomers performed a powerful show, and the Christian Lebanese Forces of Saudi Arabia won seats.
Reflecting the new landscape, Mikati from the northern city of Tripoli was expected to receive about 20 fewer votes than when she was last nominated as prime minister in September.
The Mikati Cabinet secured a $ 3 billion IMF funding agreement in April, subject to the implementation of reforms that the Lebanese ruling faction has long hampered.
The IMF Agreement is widely regarded as a gateway to mitigating the financial crisis, but how political and financial elites distribute an estimated $ 70 billion in losses in the financial system, etc. The details of are still divided. (Report by Timour Azhari; edited by Tom Perry and Mark Heinrich)
