November 21, 2018 / 6:56 PM / 22 days ago

Lebanon can't waste more time on government formation: president

FILE PHOTO: Lebanese President Michel Aoun addresses the European Parliament in Strasbourg, France, September 11, 2018. REUTERS/Vincent Kessler/File Photo

BEIRUT (Reuters) - Lebanese President Michel Aoun said on Wednesday the country no longer had the luxury of wasting time as a six-month government formation crisis drags on and economic pressures mount.

More than six months since parliamentary elections, Prime Minister-designate Saad al-Hariri has hit a wall in his effort to form a national unity government as political factions jostle for positions in the new cabinet.

A new government must be in place before Lebanon embarks on major fiscal reform, which the International Monetary Fund said in June is urgently needed to put the country’s debt on a sustainable footing.

“Lebanon today is experiencing a government formation crisis ... Lebanon no longer has the luxury of wasting time,” Aoun said in a televised speech on the eve of the country’s 75th independence day since the French mandate ended in 1943.

Stressing that tackling the economy is a priority, Aoun called on all officials and parties in Lebanon to set aside personal interests and work responsibly for the Lebanese people.

Reporting by Lisa Barrington; Editing by Alison Williams/Mark Heinrich

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below