Publish date3 Jul 2022 - 19:42
Story Code : 555957

Cash-strapped Lebanon seeks Arab support

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

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 Persian Gulf Cooperation Council (PGCC) 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.
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