Lebanon’s new government was created on Saturday following an exceptionally strong US intervention following the devastating conflict between the internal militant group Hezbollah and neighboring Israel.
The 24-member case, according to Nawaf Salam, will prioritize economic reforms, reconstruction, and the execution of a UN resolution, which is regarded as the foundation of Israeli-Israeli stability.
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Amer Bisat, a key figure in the country’s effort to escape one of the worst economic crises ever, has been appointed as the new business secretary, making him a major player. The team will be tasked with creating a recovery plan to unlock a$ 3 billion IMF package, including Bisat, head of emerging-markets fixed income at the US investment firm.
After more than three weeks of discussions with rival parties in Lebanon, where state posts are distributed according to religion, the announcement was made.