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Lebanon's Hariri vows quick gov't to halt economic crash
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Lebanon's Hariri vows quick gov't to halt economic crash
Lebanon's Prime Minister-designate Saad Hariri pledged Thursday to quickly form a new government that would halt the country's economic collapse, calling it a “last opportunity” to save the country hit by multiple political and financial crises. Hariri, who resigned from the post a year ago amid nationwide protests against widespread corruption and a flunking economy, was asked to form the country’s next government after he secured enough votes from lawmakers — bringing back an old name to lead a country desperate for change. In the past year, Lebanon’s currency has collapsed, losing nearly 80% of its value, while prices, unemployment and inflation soared.
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