News ID: 319436
Published: 0240 GMT January 16, 2022

Hezbollah, Amal end boycott of Lebanon's cabinet

Hezbollah, Amal end boycott of Lebanon's cabinet
AP

Powerful Lebanese groups Hezbollah and Amal said they would end a boycott of cabinet sessions, opening the way for ministers to meet after a three-month gap that has seen the economic crisis deepen and currency collapse further.

The groups, which back several ministers in a government made up of members from across the political and sectarian spectrum, said the decision was driven by a desire to approve the 2022 budget and to discuss an economic recovery, according to Reuters.

The failure to hold cabinet meetings has delayed talks on a recovery plan with the International Monetary Fund, seen as vital to unlocking international support to lift the country out of a crisis that has driven swathes of the nation into poverty.

Prime Minister Najib Mikati said in a statement he welcomed the decision to end the boycott and would call for a cabinet meeting as soon as he received a draft 2022 budget from the Finance Ministry.

A government source told Reuters there was not expected to be cabinet session in the coming week as budget preparations were still under way and figures for a financial recovery plan were being drawn up.

Mikati has said his government was seeking to sign a preliminary agreement for an IMF support programme in February.

An IMF spokesperson told Reuters that virtual talks would be held with Lebanese authorities in the last week of January.

 

   
KeyWords
 
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/1756 sec