Lebanon’s new cabinet yesterday approved a policy statement expected to outline a broad action plan to save the protest-hit country from one of the worst economic crises in decades.
Information minister Manal Abdel Samad said the document was backed unanimously during a cabinet meeting at the presidential palace before it is due to be presented to parliament next week.
Prime Minister Hassan Diab and his new government face the twin challenge of angry street protests and a collapsing economy, with Lebanon burdened with a debt of nearly 90 billion dollars, or more than 150 percent of GDP.
Diab, a 61-year-old computer engineering professor, formed a cabinet on January 21 after the previous government stepped down in October during unprecedented demonstrations.
The premier yesterday described the policy statement as “a working programme laying out our aspirations”, Abdel Samad said.