Lebanon: UN’s Security Council calls for swift formation of new government

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The UN’s Security Council called for the swift formation of a new, inclusive government and the “urgent implementation” of previously outlined economic reforms.

In a joint statement, council members said that the reforms should include the adoption of “an appropriate” national budget for 2022 that will enable the speedy implementation of an agreement with the International Monetary Fund “to respond to the demands of the Lebanese population.”

The country’s economy has been mired since August 2019 in a crisis, during which the Lebanese pound has lost more than 90 percent of its value and more than three-quarters of the population have fallen into poverty.

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