Middle East

Lebanon’s foreign minister steps down amid crippling economic crisis

Issued on: 03/08/2020 – 10:32Modified: 03/08/2020 – 10:36

Lebanese Foreign Minister Nassif Hitti resigned on Monday, becoming the first cabinet minister to defect from his post amid the severe economic and financial crisis striking the country.

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A career diplomat, Hitti submitted his resignation to Prime Minister Hassan Diab and left the government house without making any comments. He was was reportedly unhappy with the government's performance and lack of movement on promised reforms.

Local media reports said Hitti was also angered by Diabs criticism of French Foreign Minister Jean-Yves Le Drian following his visit to Beirut last month. Diab had said Le Drian “did not bring anything new” and was not properly informed about the reforms implemented by the Lebanese government.

It was not immediately clear whether Hitti's resignation would be accepted and whether one of the other ministers would assume his responsibilities in caretaker capacity until a new minister is appointed.

Lebanons financial crisis, rooted in decades of state corruption and waste, marks the biggest threat to the countrys stability since the 1975-90 civil war. A collapsing currency has led to soaring inflation and poverty, and savers have lost free access to accounts in a paralysed banking system.

>> Lebanons neo-liberal wheels sped to a dream future, but the past applies the brakes

During his visit, France's Le Drian made no secret of his exasperation with a leadership he described as passRead More – Source

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