SAWT BEIRUT INTERNATIONAL

| 17 April 2024, Wednesday |

President Aoun fears chaos as crisis bites

The President of the Republic Michel Aoun said on Wednesday the country could face chaos before it can recover from a financial meltdown.

Aoun, and designated prime minister Saad al-Hariri, have been locked in a standoff over the makeup of a new cabinet as the crisis worsens.

Scenes of shoppers brawling over goods, protesters blocking roads, and shuttered businesses are now commonplace.

“I will hand over the country better than when it was handed to me … but I fear the cost will be very high, ‮)‬there‮(‬ may be chaos before that,” Aoun said in comments published by al-Jadeed television. Aoun’s term expires in 2022.

The president, whose party run by his son-in-law Gebran Bassil leads the biggest bloc in parliament, told a reporter at al-Jadeed he feared the dangers looming over Lebanon threatened its very existence.

The currency has lost most of its value, making more than half the population poor. Last August’s port blast, which devastated parts of Beirut and killed 200 people, deepened the country’s misery.

The deadlock has persisted since Aoun warned in September that the country was going “to hell” without a new government.

“I wish I inherited my grandfather’s orchard and didn’t take up the presidency,” Jadeed cited Aoun as saying on Wednesday.

Crushed under a mountain of debt and decades of graft, Lebanon has plunged into its worst crisis since the 1975-1990 civil war. Foreign donors have made clear they will not bail out Lebanon before its leaders agree a new cabinet that must launch reforms.

 

    Source:
  • Asharq Al-Awsat