LEBANESE FM NASSIF HITTI RESIGNS AMID ECONOMIC CRISIS

Middle East Most Read

Mon 03 August 2020:

The Lebanese foreign minister on Monday submitted his resignation to the prime minister, according to a government source.

Hitti submitted his resignation to the prime minister and left the government house without making any comments. He later issued a strongly worded statement explaining his resignation, saying the government had failed to manage the crisis and implement the required reforms to save the country.

“After giving it a lot of honest thought, I have come to the conclusion that I cannot perform my duties in these historical circumstances,” Hitti said. He said he had decided to resign “due to the absence of a vision for Lebanon … and the absence of an effective will to achieve comprehensive structural reform.”

In a stark warning, he said Lebanon was turning into a “failed state” and urged politicians to rally around the country’s national interest.

“Otherwise the ship will sink with everyone on board,” Hitti said.

Lebanon is witnessing the worst economic crisis in its history, coinciding with the plunge of local currency to more than half of its value besides the high rate of inflation which has pushed nearly half of the population below the poverty line.

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