NewsCash-Strapped Lebanon Seeks Arab Support

Cash-Strapped Lebanon Seeks Arab Support

02.07.2022 16:42

Lebanon has been grappling with severe economic crisis since 2019.

Lebanese Prime Minister-designate Najib Mikati has called on Arab countries to provide support to his cash-strapped country amid a deep economic crisis.

Speaking following a dinner for Arab foreign ministers in the capital Beirut, Mikati said Lebanon is committed to distancing itself from any Arab disputes.

He called on "the Arab countries, and the Gulf Cooperation Council (GCC) nations in particular, to support Lebanon in this critical juncture."

Mikati reiterated Lebanon's commitment to implementing all United Nations Security Council and Arab League resolutions "in a way that consolidates the policy of disassociation from any Arab disputes."

Beirut is hosting a meeting of the Arab foreign ministers on Saturday to discuss the agenda of an upcoming Arab summit in Algeria in November.

Since late 2019, Lebanon has been grappling with a severe economic crisis, including a massive currency depreciation as well as fuel and medical shortages.

*Writing by Ahmed Asmar -

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