Lebanese leaders agreed on a new government led by wealthy Sunni Najib Mikati on Friday, after a year of squabbling over cabinet seats, exacerbating the country’s economic collapse.
Lebanon’s economy has reached a low point and the new government is expected to resume economic recovery talks with the IMF.
Reuters reports that the formation of the government is the result of a concerted effort by France, which has led conflicting leaders to agree on a cabinet to save the country.
Television footage showed Lebanese Prime Minister-designate Mikati with tears in his eyes and a lowered voice as he recounted the hardships and migration caused by the crisis in his country, which forced him to resign. one-third of the Lebanese people become poor.
There was no immediate word from the French foreign ministry on the deal in Beirut.
