Lebanese PM-designate resigns amid impasse

397

GB NEWS 24 DESK//

Lebanon’s prime minister-designate resigned Saturday amid a political impasse over government formation, dealing a blow to French President Emmanuel Macron’s efforts to break a dangerous stalemate in the crisis-hit country.
The announcement by Moustapha Adib nearly a month after he was appointed to the job throws the small country deeper into political uncertainty. He told reporters he was stepping down after it became clear that the kind of Cabinet he wished to form was “bound to fail.”

The French leader has been pressing Lebanese politicians to form a Cabinet made up of non-partisan specialists that can work on enacting urgent reforms to extract Lebanon from a devastating economic and financial crisis worsened by the Aug. 4 explosion at Beirut port.

The country is in desperate need of financial assistance but France and other international powers have refused to provide aid before serious reforms are made. The crisis is largely blamed on decades of systematic corruption and mismanagement by Lebanon’s ruling class.

But efforts by the French-supported Adib have hit multiple snags, after the country’s main Shiite groups, Hezbollah and Amal, insisted on retaining hold of the key Finance Ministry. Their insistence emerged after the U.S. administration slapped sanctions on two senior politicians close to Hezbollah, including the ex-finance minister.

The two groups also insisted on naming the Shiite ministers in the new Cabinet and objected to the manner in which Adib was forming the government, without consulting with them.

After a short meeting with Aoun on Saturday, Adib said he was stepping down after his efforts hit a dead end.

“I have apologized about continuing the mission of forming a government after it became clear that a Cabinet according to the characteristics I had set for it would be bound to fail,” he said.

In terse remarks, he wished “good luck to whoever is chosen for this difficult task after me.”

Lebanon, a former French protectorate, is mired in the country’s worst economic and financial crisis in its modern history. It defaulted on paying back its debt for the first time ever in March, and the local currency has collapsed, leading to hyperinflation and soaring poverty and unemployment. Talks with the International Monetary Fund on a bailout package have stalled.

The crisis has been compounded by the coronavirus pandemic and more recently by the Aug. 4 explosion at Beirut’s port caused by the detonation of thousands of tons of ammonium nitrates. It killed nearly 200 people, injured thousands and caused losses worth billions of dollars.

Adib’s resignation comes a few days after Aoun himself bluntly told reporters that Lebanon would be going to “hell” if a new government was not formed soon.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More